ISLAMABAD: The trade deficit in Pakistan experienced a notable decline in June 2023. On a monthly basis, it decreased by 15%, amounting to $1.81 billion. This reduction indicates an improvement …
Exports
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Economy
DHL suspends ‘Import Express Product’ in Pakistan from March 15
by Umar Sohailby Umar SohailA global logistics company, DHL, stated on Monday that it will temporarily halt its operations in Pakistan owing to the government’s restrictions on outbound remittances. DHL Pakistan DHL Pakistan has …
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EconomyInternationalLatest Updates
Iran’s exports to America show 18 times stunning growth in 2022
by Umar Sohailby Umar SohailThe quantum of bilateral trade between the two countries, nonetheless, remains very low because of their enmity and the US sanctions on Iran but their trade indicates improvement in their …
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EconomyInternationalLatest Updates
United States becomes world’s top LNG exporter in 2022 after sanctions on Russia
by Umar Sohailby Umar SohailThe United States is selling record volumes of LNG to Europe to help EU allies in their efforts to fill gas storage ahead of the winter amid growing uncertainty about …
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Economy
Cost of gas for businesses that focus on exports rose by as much as 82%
by Hamza Irshadby Hamza IrshadEffective August 1, the Economic Coordination Committee (ECC) of the Cabinet raised the price of imported and domestic gas by more than 38% and 82%, respectively, for the export industry. …
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Imam says country has potential to fetch $4.75b by exporting its surplus produce۔
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Prime Minister said this is the 20th time Pakistan is seeking loan from IMF
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EconomyLatest Updates
Here’s Why Curbs on Imports Will Not Help Improve Pakistan’s Trade Balance
by Umar Sohailby Umar SohailStagnating exports and not rising imports are to blame for Pakistan’s yawning trade deficit, says a new World Bank report.
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EconomyLatest Updates
Pakistan’s textile exports hit all-time high of $6.04b in July-Oct
by Umar Sohailby Umar SohailPakistan posts phenomenal growth in textile exports. APTMA says subsidised energy tariffs provided a big relief to textile sector on account of cost. APTMA Chairman (South Zone) Asif Inam says …
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EconomyExclusiveLatest UpdatesNational
Pakistan missed exports target, trade deficit exceeds $15 billion During July-Oct 2021
An alarming issue is that the national imports expanded by 64 percent during Jul-Oct 2021 and increased to $25 billion as against to $15.2 billion during Jul-Oct 2020. Thus, in …