Page 23 - May-June-2018

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Exports increase by 15.28pc in

11 months, 32.35pc in May

Exports from the country witnessed an increase of from the country surged by 32.35 percent during the
15.28 percent during the first eleven months of the month of May 2018 against the exports of May 2017.
current fiscal year as compared to the correspond- The exports during May 2018 were recorded at
ing period of last year. $2.144 billion compared to the exports of $1.620
billion in May 2017, the PBS data revealed.
The exports from the country during July-May
(2017-18) stood at $21.346 billion against the The imports into the country during May 2018 were
exports of $18.516 billion in July-May (2016-17), recorded at $5.814 percent against the imports of
showing growth of 15.28 percent, according to the $5.066 billion, showing growth of 14.77 percent. The
latest data of Pakistan Bureau of Statistics (PBS). trade deficit on YOY basis witnessed increase of 6.5
percent by increasing from the deficit of $3.466
The imports into the country during the period under billion last May to $3.760 during the month of May
review also increased by 14.12 percent by growing 2018.
from $48.398 billion last year to $55.232 billion
during the current year. Based on the figures, the On month-on-month (MOM) basis, the exports from
trade deficit during the first eleven months of the the country increased by 0.52 percent during month
current year increased by 13.40 percent by growing of May 2018 when compared to the exports of
from the deficit of $29.882 billion last year to the $2.133 billion in April 2018. Similarly, the imports into
deficit of $33.886 billion during the current fiscal year. the country increased by 13.80 percent in May 2018
when compared to the imports of $5.109 billion in
Meanwhile, on year-on-year (YOY) basis, the exports April 2018.

May/June 2018