Pakistan reports 4.1% rise in exports
In November, Pakistan's exports increased by 4.1% to $897 million from $862 million recorded in the same period of last year. According to official sources, imports reached $1.99 billion in the mentioned period with a significant rise of 100.4% compared to $992 million recorded in the corresponding period of last year. Accordingly, the trade gap rose to $1.09 billion in November 2004 from $130 million recorded in the same period of last year. In July-November 2004 period, exports reached $5.37 billion, indicating a rise of 11.1% against $4.84 billion recorded in the same period of last year while imports rose by 49.3% to $7.88 billion from $5.28 billion. The trade deficit increased to $2.5 billion in this period from $445 million registered in the corresponding period of last year.