Pakistan’s trade deficit expands further in April
The Federal Bureau of Statistics said Pakistan's trade gap widened in April to $419 million from $384 million in March and $78 million a year earlier. Imports totaled to $1.5 billion in the mentioned period, indicating an increase of 41.8% compared to the $1.1 billion recorded in the corresponding period of last year. Exports were also up by 10.7% to $1.1 billion. The cumulative trade deficit for July to April reached $2.01 billion against a deficit of $1.3 billion a year earlier.