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Pakistan's Exports Fell 13% In November

2011/12/20 13:50:00 6

Export Decline In Pakistan

Islamabad, December, 19 (reporter Yin Xia) data released recently by Pakistan Trade Development Agency (TDAP) show that the export ratio of Pakistan in November is lower than that of export countries. Last year The same period declined by 13%, while imports increased by 19% over the same period last year.


Data show that in November, the export of all kinds of products in the country decreased to 1 billion 552 million US dollars, a decrease of 13% compared with 1 billion 776 million US dollars in the same period last year, with an import volume of US $3 billion 729 million, a 19% increase over the same period last year of US $3 billion 131 million.


This change has aggravated Pakistan's Trade Deficit. Analysts said that the demand for Pakistan's main export products such as textiles, cotton and leather has been reduced by the United States and the European Union, while Pakistan's demand for oil and other products remains high.


The data also showed that Pakistan's exports from July 2011 to November reached a record high of 9 billion 434 million, an increase of 5% over the same period last year of 8 billion 959 million, while Pakistan's imports reached 18 billion 424 million dollars over last year. Synchronization The US $15 billion 404 million increased by 20%.

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