ISLAMABAD
\nPakistan\u2019s goods and services trade with Bangladesh witnessed a surplus of 18.64 percent during first five months of current fiscal year (2022-23) as compared to the corresponding period of last year.
\nThe trade surplus during the months under review was recorded at $329.668 million against $277.863 million during same months of last year, showing 18.64 percent growth.
\nThe overall exports to Bangladesh were recorded at $365.290 million during July-November (2022-23) against exports of $ 316.680 million during July- November (2021-22), showing growth of 15.34 percent, SBP data revealed.
\nMeanwhile, on year-to-year basis, exports to Bangladesh during November 2022 witnessed a nominal decrease of 2.66 percent, from US $ 72.356 million to US $70.431 million. Similarly on month-on-month basis, exports of Bangladesh were rose by 16.69 percent during November 2022 in comparison with exports of US $ 60.355 million in October 2022, SBP data said.
\nOverall Pakistan\u2019s exports to other countries witnessed a decrease of 2.01 percent in first five months, from US $ 12.313 billion to US $ 12.065 billion, the SBP data revealed. On the other hand, the imports from Bangladesh during the period under review were recorded at $ 35.622 million against $38.817 million last year, showing a decrease of 8.23 percent.
\nMeanwhile, year-to-year basis, imports from Bangladesh during November 2022 also decreased by 18.25 percent from US $10.559 million last year to US $8.631 million. On month-on-month basis, the import from Bangladesh increased by 20.37 percent during November 2022 when compared to the import of US $7.170 million in October 2022, SBP data said.
\nThe overall imports into the country witnessed decrease of 16.15 percent, from $29.663 billion to US $ 24.872 billion, according to the data. <\/p>\n","protected":false},"excerpt":{"rendered":"
ISLAMABAD Pakistan\u2019s goods and services trade with Bangladesh witnessed a surplus of 18.64 percent during first five months of current fiscal year (2022-23) as compared to the corresponding period of last year. The trade surplus during the months under review was recorded at $329.668 million against $277.863 million during same months of last year, showing […]<\/p>\n","protected":false},"author":2,"featured_media":260846,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[414],"class_list":{"0":"post-306887","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-sbp"},"yoast_head":"\n