2010.09.0908:18:00UTC+00Pakistan Trade Deficit Narrows In August

Pakistan's trade deficit narrowed in August, a report by the Federal Bureau of Statistics showed on Thursday.

The trade deficit totaled US$1.24 billion in August, narrowing from US$1.45 billion in the previous month.

Exports decreased 0.90% on a monthly basis to US$1.77 billion in August from US$1.79 billion in the previous month. Similarly, total imports dropped 7.06% to US$3.01 billion from US$3.24 billion last month.

Year-on-year, exports increased by 21.16% in August, while imports grew by 19.06%.

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