{"id":9623,"date":"2022-07-29T13:52:18","date_gmt":"2022-07-29T13:52:18","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=9623"},"modified":"2022-07-29T13:52:18","modified_gmt":"2022-07-29T13:52:18","slug":"pak-us-trade-witnesses-over-44pc-growth-during-fy2022","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/business\/pak-us-trade-witnesses-over-44pc-growth-during-fy2022\/","title":{"rendered":"Pak-US trade witnesses over 44pc growth during FY2022"},"content":{"rendered":"<p>Pak-US trade witnesses over 44pc growth during FY2022. Pakistan s goods and services trade with the United State of America (USA) witnessed an increase of 44.91 percent during twelve months of fiscal year (2021-22) as compared to the corresponding period of last year.<\/p>\n<p>The overall exports to the USA were recorded at US $ 6798.982 million during July-June (2021-22) against exports of US $5030.724 million during July-June (2020-21), showing growth of 35.14 percent, <a href=\"https:\/\/www.sbp.org.pk\/\">SBP<\/a> data revealed.<\/p>\n<p>Meanwhile, on year-on-year basis, exports to USA during June 2022 also surged by 15.38 percent from US $ 555.492 million to US $ 640.935 million.<\/p>\n<p>Similarly, month-on-month exports to the USA rose by 18.38 percent during June 2022 as compare with exports of US $ 541.391 million in May 2022, the SBP data said.<\/p>\n<p><em><strong>Read more:\u00a0<a href=\"https:\/\/dailyausaf.com\/en\/pakistan\/coas-appeals-us-to-help-expedite-pakistan-imf-deal.html\">COAS appeals US to help expedite Pakistan-IMF deal<\/a><\/strong><\/em><\/p>\n<p>Overall Pakistan\u2019s exports to all countries also witnessed an increase of 26.56 percent in twelve months, from US $25638.974 million to US $32450.087 million, the SBP data said.<\/p>\n<p>On the other hand, imports from the US during the period under review were recorded at US $3055.169 million against US $2447.281 million of last year, showing an increase of 24.83 percent in July- June (2021-22).<\/p>\n<p>Meanwhile, year-on-year imports from the US during June 2022 also increased by 36.60 percent from US $247.424 million last year to US $337.985 million.<\/p>\n<p>On month-on-month basis, the imports from the US rose by 42.55 percent during June 2022 as compared to the import of US $237.092 million in May 2022, SBP data said.<\/p>\n<p>The overall imports increased by 32.75 percent, from US $54272.920 million to US $72.048 million during the period under review.<\/p>\n<p>The trade surplus during the period under review was recorded at $2583.443 million against $3743.813 million during same period of last year, showing 44.91 percent growth.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pak-US trade witnesses over 44pc growth during FY2022. Pakistan s goods and services trade with the United State of America (USA) witnessed an increase of 44.91 percent during twelve months of fiscal year (2021-22) as compared to the corresponding period of last year. The overall exports to the USA were recorded at US $ 6798.982 [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":9624,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[572,160,138],"class_list":["post-9623","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-sbp","tag-imf","tag-pakistan"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/9623","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=9623"}],"version-history":[{"count":0,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/9623\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/9624"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=9623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=9623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=9623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}