The exports from the country in the rupee term witnessed an increase of 30.0 percent during the first four months of the current fiscal year as compared to the corresponding period of last year, the Pakistan Bureau of Statistics (PBS) reported. Exports during July-October (2023-24) were recorded at Rs 2,767,606 million as against Rs 2,129,652 million during the corresponding period of last year, showing an increase of 30.0 percent, according to provisional data released by PBS. On a year-on-year basis, the exports during October 2023 increased by 43.4 percent and were recorded at Rs754,073 million compared to the exports of Rs 525,782 million in October 2022. On a month-on-month basis, the exports increased by 2.3 percent when compared to the exports of Rs 737,295 million in September 2023. On the other hand, imports during July–October (FY2023-24) totaled Rs 4,924,337 million as against Rs 4,660,743 million during the corresponding period of last year, showing an increase of 5.7 percent. On a year-on-year basis, imports into Pakistan during October 2023 amounted to Rs 1,363,574 million as against Rs 1,010,474 million in October 2022, showing increase of 34.9 percent. On a month-on-month basis, imports into the country witnessed an increase of 14.7 percent in September 2023 when compared to the imports of Rs 1,189,167 million in September 2023. https://shorturl.at/lzCN5
Source: IBP