Pakistan’s trade statistics for the fiscal year 2023–24 are mixed. While the country’s exports increased by an encouraging 10.5% to $30.064 billion, imports increased even more quickly, creating a larger trade deficit.
$30.64 billion worth of goods were exported by the nation, a 10.5% rise over the previous year’s domestic exports.
Pakistan imported products of $54.73 billion, which caused the country’s trade imbalance to increase by 12.3% to $24 billion. The persistent difficulties in keeping the nation’s trade ledger balanced are highlighted by this widening gap.
