{"id":10428,"date":"2022-09-03T13:09:02","date_gmt":"2022-09-03T13:09:02","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=10428"},"modified":"2022-09-03T13:09:02","modified_gmt":"2022-09-03T13:09:02","slug":"exports-increase-by-3-75-percent-in-2-months","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/business\/exports-increase-by-3-75-percent-in-2-months\/","title":{"rendered":"Exports increase by 3.75 percent in 2 months"},"content":{"rendered":"<p>Exports increase by 3.75 percent in 2 months. The exports from the country witnessed an increase of 3.75 percent during the first two months of the current fiscal year (2022-23) as compared to the corresponding period of last year, <a href=\"https:\/\/www.pbs.gov.pk\/\">Pakistan Bureau of Statistics<\/a> (PBS) reported.<\/p>\n<p>According to PBS data, the exports from the country were recorded at $4.759 billion during July-August (2022-23) against the exports of $4.587 billion recorded during July-August (2021-22), showing growth of 3.75 percent.<\/p>\n<p>On the other hand, the imports into the country decreased by 9.25 percent by declining from $12.152 billion last year to $11.028 billion in July-August (2022-23).<\/p>\n<p>Based on the data, the trade deficit during the period under review was recorded at $6.269 billion, showing a decrease of 17.13 percent over the deficit of $7.565 billion recorded during last year, the PBS data revealed.<\/p>\n<p><em><strong>Read more:\u00a0<a href=\"https:\/\/dailyausaf.com\/en\/business\/imf-releases-report-on-pakistan.html\">IMF releases report on Pakistan<\/a><\/strong><\/em><\/p>\n<p>Meanwhile, on year-on-year basis, the exports of the country increased by 11.44 percent during August 2022 as compared to the exports of the same month of last year.<\/p>\n<p>The exports during the month under review were recorded at $2.504 billion against the exports of $2.247 billion during the same month of last year.<\/p>\n<p>However, the imports into the country decreased from $6.577 billion in August 2021 to $6.034 billion in August 2022, showing negative growth of 8.26 percent.<\/p>\n<p>On month-on-month basis, the exports from the country went up by 11.07 percent during August 2022 as compared to the exports of $2.254 billion recorded during July 2022.<\/p>\n<p>On the other hand, the imports into the country during July 2022 witnessed increase of 20.84 percent as compared to the imports of $4.993 billion in July 2022, according to the PBS data.<\/p>\n<p>Meanwhile, the services exports from the country also grew by 7.96 percent during the first month (July) of the current fiscal year and were recorded at $530.07 million against exports of $490.99 million last year.<\/p>\n<p>The services imports also increased from $778.05 million last July to $789.93 million during July 2022, showing growth of 1.53 percent, according to PBS data.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Exports increase by 3.75 percent in 2 months. The exports from the country witnessed an increase of 3.75 percent during the first two months of the current fiscal year (2022-23) as compared to the corresponding period of last year, Pakistan Bureau of Statistics (PBS) reported. According to PBS data, the exports from the country were [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":10429,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[6684,2320,2632,160,138],"class_list":["post-10428","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-exports","tag-pakistan-bureau-of-statistics","tag-pbs","tag-imf","tag-pakistan"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/10428","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=10428"}],"version-history":[{"count":0,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/10428\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/10429"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=10428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=10428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=10428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}