Pakistani exports rise by 16.9%
Pakistan's exports reached $3.47 billion in the first three months of the current fiscal year, up by 16.9% compared to the $2.97 billion recorded in the same period of last year. According to the provisional trade figures, exports were recorded as $1.11 billion in September with a rise of 6.7% compared to the $1.04 billion registered in the same period of last year. However, exports were 5.7% lower than the August figure. In the first quarter of the current fiscal year, imports amounted to $4.31 billion, up by 38.4% against $3.11 billion recorded in the corresponding period of last year. Imports increased by 27.8% in September to $1.38 billion. In August, imports were recorded as $1.47 billion. During July-September period, the trade deficit reached $839.3 million, up by 479.6% against $144.8 million recorded in the same period of last year.