{"id":7598,"date":"2024-09-04T04:35:12","date_gmt":"2024-09-04T04:35:12","guid":{"rendered":"https:\/\/gsrra.com\/?p=7598"},"modified":"2024-09-04T04:35:13","modified_gmt":"2024-09-04T04:35:13","slug":"pakistan-trade-deficit-decline-21-in-august-as-exports-jump-16","status":"publish","type":"post","link":"https:\/\/gsrra.com\/?p=7598","title":{"rendered":"Pakistan Trade Deficit Decline 21% in August as Exports Jump 16%"},"content":{"rendered":"\n<p><strong><em>In August 2024, the country\u2019s trade deficit decreased by 20.5 percent to $1.675 billion as exports were recorded at $2.743 billion, according to data released by the Pakistan Bureau of Statistics.<\/em><\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/augaf.com\/wp-content\/uploads\/2022\/11\/trade.jpg.webp\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/augaf.com\/wp-content\/uploads\/2022\/11\/trade-750x375.jpg.webp\" alt=\"Pakistan Trade Deficit\"\/><\/a><\/figure>\n\n\n\n<p><a href=\"https:\/\/augaf.com\/pakistan-trade-deficit-decline-21-in-august-as-exports-jump-16\/#\" target=\"_blank\" rel=\"noopener\"><\/a><\/p>\n\n\n\n<p>Imports for the same month were $4.418 billion, compared to $4.474 billion in August 2023. This reflects a 15.9% increase in exports and a 1.3% decrease in imports compared to the same month last year.<\/p>\n\n\n\n<p>Month-on-month, the trade deficit narrowed by 12.0% in August 2024, with exports growing by 18.9% and imports rising by 4.9%.<\/p>\n\n\n\n<p>For August 2024, exports were $2.743 billion, up from $2.307 billion in July 2024, while imports were $4.211 billion, slightly higher than the $4.211 billion recorded in July 2024.<\/p>\n\n\n\n<p>The trade deficit contracted by 4.2% in the first two months of the current financial year (2023-24) compared to the same period last year.<\/p>\n\n\n\n<p>From July to August 2024-25, local exports grew by 14.0%, reaching $5.1 billion compared to $4.4 billion in the same period last year, according to the Pakistan Bureau of Statistics.<\/p>\n\n\n\n<p>Meanwhile, imports increased by 5.7%, totaling $8.6 billion, up from $8.1 billion in the same period last year.<\/p>\n\n\n\n<p>Reference Link:- <a href=\"https:\/\/augaf.com\/pakistan-trade-deficit-decline-21-in-august-as-exports-jump-16\/\" target=\"_blank\" rel=\"noopener\">https:\/\/augaf.com\/pakistan-trade-deficit-decline-21-in-august-as-exports-jump-16\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In August 2024, the country\u2019s trade deficit decreased by 20.5 percent to $1.675 billion as exports were recorded at $2.743 billion, according to data released by the Pakistan Bureau of Statistics. Imports for the same month were $4.418 billion, compared to $4.474 billion in August 2023. This reflects a 15.9% increase in exports and a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7599,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[2],"tags":[1961,132,2267,105,3241,36,2997,1069],"class_list":["post-7598","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sample-category","tag-business","tag-economy","tag-exports","tag-geopolitics-2","tag-imports","tag-pakistan","tag-productivity","tag-trade"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/7598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7598"}],"version-history":[{"count":1,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/7598\/revisions"}],"predecessor-version":[{"id":7600,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/7598\/revisions\/7600"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/media\/7599"}],"wp:attachment":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}