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Pakistans international trade is suffering from huge amount of deficit due to

low demand for its exports. Domestic political instability also accounts for
trade deficit. The trade deficit stood at US$3.946 billion in 2010. Pakistan is a
member of several international organizations such as ECO (Economic
Cooperation Organization), SAFTA(South Asian Free Trade Area) ,
WIPO(World INtellectual Property Organization) and WTO (World Trade
Organization).
Steps have been taken to liberalize the trade and investment regimes of the country. Due to
increasing current account deficit, the trade gap range of maximum tariffs was raised from 20%-25%
to the 30%-35% on 300 luxury items by Pakistani government in the 2008-09 budget. This measure
brought about the decrease in imports and the increase in exports, thus lowering trade
deficits from US$9.261 billion in 2009 to US$3.946 billion in 2010.
Pakistan's failure to explore and exploit its own oil and gas resources to its full capacity has led to
them relying on imports to meet the growing energy demands in the country. By 2011, experts
forecasts that Pakistan's oil imports will rise to US$13.221 billion from the US$10.089
billion in 2010.
List of Pakistan's FTAs
Pak-Afghanistan Trade Agreement
Agreement on South Asian Free Trade Area
Pak-Malaysia Trade Agreements
Pak-China Trade Agreements
Pak-Sri Lanka Free Trade Agreement
Exports[edit]

Graphical depiction of Pakistan's product exports in 28 colour-coded categories.
Pakistan's exports increased more than 100% from $7.5 billion in 1999 to stand at $18 billion in the
financial year 20072008.
[124]

Pakistan exports rice, oranges, mangoes, furniture, cotton fiber,
cement, tiles, marble, textiles, clothing, leather goods, sports goods(renowned for footballs/soccer
balls), cutlery, surgical instruments, electrical appliances, software, carpets and rugs, ice
cream, livestock meat, chicken, powdered milk, wheat, seafood (especially
shrimp/prawns), vegetables, processed food items, Pakistani-assembled Suzukis(to Afghanistan and
other countries), defence equipment (submarines, tanks, radars), salt, onyx, engineering goods, and
many other items. Pakistan produces and exports cements to Asia and the Middle East. In August
2007, Pakistan started exporting cement to India to fill in the shortage there caused by the building
boom.
[125]
Russia is a growing market for Pakistani exporters. In 2009/2010 the export target of
Pakistan was US $20 billion.
[126]
As of April 2011, Pakistans exports stand at US $25 billion.
External imbalances[edit]
Pakistan suffered a merchandise trade deficit of $13.528 billion for the financial year 2006-7. The
gap has considerably widened since 2002-3 when the deficit was only $1.06 billion.
[127]
Services
sector deficit for 20062007 stood at $4.125 billion which equals the services export of $4.125 billion
for the same year.
[128]

The combined deficit in services and goods stand at $17.653 billion which is approx 83.5% of
country's total export of $21.136 (Goods and services). The rise in the trade gap has been attributed
to high oil import bill, and rise in the prices of food items, machinery and automobiles.
Current account Current account deficit for 2006-7 reached $7.016 billion up by 41% over
previous year's $4.490 billion.
Since the beginning of 2008, Pakistan's economic outlook has taken a dramatic downturn. Security
concerns stemming from the nation's role in the War on Terror have created great instability and led
to a decline in FDI from a height of approximately $8 bn to $3.5bn for the current fiscal year.
Concurrently, the insurgency has forced massive capital flight from Pakistan to the Gulf. Combined
with high global commodity prices, the dual impact has shocked Pakistan's economy, with gaping
trade deficits, high inflation and a crash in the value of the Rupee, which has fallen from 601 USD
to over 80-1 USD in a few months. For the first time in years, it may have to seek external funding as
Balance of Payments support. Consequently, S&P lowered Pakistans foreign currency debt rating to
CCC-plus from B, just several notches above a level that would indicate default. Pakistans local
currency debt rating was lowered to B-minus from BB-minus. Credit agency Moodys Investors
Service cut its outlook on Pakistans debt to negative from stable due to political uncertainty, though
it maintained the countrys rating at B2. The cost of protection against a default in Pakistans
sovereign debt trades at 1,800 basis points, according to its five-year credit default swap, a level that
indicates investors believe the country is already in or will soon be in default.
[129]

The middle term however may be less turbulent, depending on the political environment. The EIU
hsd estimated that inflation should drop back to single digits in 2010, and that growth would pick up
to over 5% per annum by 2011. However, the unprecedented floods of 2010 which encapsulated
20% of Pakistan's land area, have caused a monetary damage estimated to be in excess of $10bn,
as a result of which real growth is almost flat and EIU's original targets will have to be revised. Much
like previous natural disasters which have afflicted Pakistan, the floods of 2010 inflicted damage of
epic proportions. However, the philanthropic nature of Pakistani people and widespread coverage by
a fiercely independent and established media has proven yet again that Pakistan is an incredibly
resilient nation.
[46


The balance of trade is the difference between a nations exports and its imports.
A crucial point to note is that both goods and services are counted for exports
and imports, as a result of which a nation has a balance of trade for goods (also
known as the merchandise trade balance) and a balance of trade for services.
The net or overall figure forms the balance of trade or trade balance, a major
contributor to a country's economic well-being. A nation has atrade surplus if its
exports are greater than its imports; if imports are greater than exports, the
nation has a trade deficit.

Trade Data Census Basis and BOP Basis
While data on a nations exports and imports of physical goods can be collated
from customs documents such as export declarations and import manifests, this
is not possible for trade in intangible services. The latter is therefore compiled
based on the flow of funds, the foundation on which balance of payments (BOP)
trade statistics are based. Therefore, data on merchandise trade is available
based on both custom-based trade statistics and BOP, while data on services is
only available on a BOP basis.

For example, in the U.S., statistics on exports and imports are compiled by the
Commerce Departments Bureau of Economic Analysis (BEA) and released in a
monthly report. The BEA collates information on exports from exporters
electronic export information (EEI) that have been submitted to the U.S.
Automated Export System (AES). Exporters submit this export information to the
U.S. Census and also to U.S. Customs and Border Protection. Similarly, import
data is compiled from documents collected by the U.S. Customs and Border
Protection pertaining to goods that have arrived in the U.S. from foreign
countries. The BEA adjusts the goods total on a census basis to bring the data in
line with the concepts used to prepare national and international accounts. The
BOP-basis data derived in this manner enables goods trade numbers to be
summed with services trade figures to arrive at a more accurate picture of overall
U.S. trade, goods and services.

Distinguishing Between a Service Export and Import
Statistics for trade in services are derived from the BEAs estimates of service
transactions between foreign countries and the U.S., based on periodic surveys
and partial information from monthly reports. The BEA provides export and
import data on services in a number of categories travel, passenger fares,
royalties and license fees, transfers under U.S. military sales contracts (only for
exports), and direct defense expenditures (only for imports).

While the distinction between an export and import of a physical good is readily
apparent, it is not as clear for a service. Here, the flow of funds determines
whether a service transaction qualifies as an export or an import, depending on
whether it is a debit transaction that results in a payment or outflow of funds, or
a credit transaction that results in a receipt or inflow of funds.

So, for instance, fares received by U.S. carriers from foreign residents for travel
between the U.S. and foreign countries, or between two points overseas, would
show up on the export side of the trade balance for services. Likewise, fares paid
by U.S. residents to foreign carriers would show up on the import side of the
trade balance for services.

Breaking Down the Balance of Trade Numbers
Consider the U.S. trade balance figures for June 2013. The U.S. reported a trade
deficit of $34.2 billion, the smallest deficit since October 2009 and well below the
$45 billion deficit expected on average by economists.

Heres how the numbers stacked up for that month:
The merchandise trade (balance of trade for goods) deficit was $53.16
billion, as exports of $134.26 billion were exceeded by imports of $187.42
billion. These figures are BOP-based. The numbers on a census basis are
slightly different, with exports of $133.31 billion and imports of $185.10
billion, for a trade deficit of $51.79 billion.
The balance of trade for services was a surplus of $18.94 billion (exports
of $56.91 billion less imports of $37.97 billion).
The overall balance of trade was therefore -$53.16 billion + $18.94 billion =
-$34.22 billion.
Total exports of goods and services (BOP-based) amounted to $191.17
billion ($134.26 + $56.91), while total imports were $225.39 billion
($187.42 + $37.97). Subtracting total exports of goods and services from
total imports gives the same trade deficit number of $34.22 billion.
Capital goods ($46.22 billion) and industrial supplies ($42.32 billion) were
the biggest export categories for goods in the month. On the goods import
side, industrial supplies and materials ($54.6 billion, of which petroleum
accounted for $22 billion) and capital goods ($45.58 billion) were the
biggest categories.
In services, the biggest categories among exports were other private
services ($25.87 billion) and travel ($11.27 billion). The former category
includes financial services, insurance services, business and professional
services, and so on. Among service imports, these two categories were the
biggest as well (other private services totaled $17.26 billion and travel
$7.15 billion).
Factors That Affect Trade Balance
Numerous factors affect a countrys trade balance. These include:
Trade policies: Nations that are insular and have restrictive trade policies
such as high import tariffs and duties may have larger trade deficits than
countries that have open trade policies, since they may be shut out of
export markets because of these impediments to free trade.
Exchange rates: A domestic currency that has appreciated significantly
may pose a challenge to the cost-competitiveness of exporters, who may
find themselves priced out of export markets. This may pressure a nations
trade balance.
Foreign currency reserves: To compete effectively in extremely
competitive international markets, a nation has to have access to imported
machinery that enhances productivity, which may be difficult if forex
reserves are inadequate.
Inflation: If inflation is running rampant in a country, the price to produce a
unit of a product may be higher than the price in a lower-inflation country.
This would affect exports, affecting the trade balance.
Use Trade Balance As An Economic Indicator
The utility of trade balance data as an economic indicator depends on the nation.
The biggest impact is generally seen in nations with limited foreign exchange
reserves, where the release of trade data can trigger large swings in their
currencies.

The trade data is usually the largest component of the current account, which is
closely monitored by investors and market professionals for indications of the
economy's health. The current account deficit as a percentage of GDP, in
particular, is tracked for signs that the deficit is becoming unmanageable and
could be a precursor to a devaluation of the currency.

However, a temporary trade deficit may be viewed as a necessary evil, since it
may suggest that the economy is growing strongly and needs imports to maintain
the growth momentum.

Trade data is also parsed to see which trading partners are contributing to the
overall surplus or deficit. In June 2013, for example, the U.S. had a trade deficit
of $26.6 billion with China, bringing its year-to-date deficit with the Asian giant to
$147.7 billion. In contrast, the trade deficit with Canada the biggest trade
partner of the U.S., accounting for 16.8% of total trade in the first half of 2013
was only $1.6 billion, for a YTD deficit of $15.5 billion. Chinas enormous trade
surplus with the U.S. may lead to renewed calls for the nation to revalue its yuan,
which critics opine is being held artificially low to stimulate exports.

U.S. trade data occasionally affects the greenback, which in turn has an impact
on commodity prices because of the negative correlation between the two
(stronger dollar causes weaker commodity prices and vice versa). These moves
often result in volatility in Canadas TSX Composite index, which has a heavy
weighting in commodities.

In general, market watchers appear more concerned with trade deficits than
trade surpluses. This may be because chronic deficits often trigger a steep
currency devaluation, leading to severe repercussions for the local economy as
the higher interest rates that are used to prop up the currency take their toll. In
summer of 2013, the currencies of India and Indonesia slumped 14% in just over
two months as investors focused on nations with large trade and current account
deficits. While Indias foreign currency reserves grew in leaps and bounds after
the economic reforms of the 1990s, rising gold imports in 2013 led to widening
trade deficits, causing the Indian government to take measures to restrict gold
imports.

The Bottom Line
The balance of trade is a key indicator of a nations health. Trade balance data is
available on a census / customs basis and BOP-basis for goods, and only on a
BOP-basis for services. In general, investors and market professionals appear
more concerned with trade deficits than trade surpluses, since chronic deficits
may be a precursor to a currency devaluation.

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Factors Affecting Current Account Deficit
by Tejvan Pettinger on February 23, 2011 in economics
The UK Current account deficit measures:
1. the balance of trade in goods
2. the balance of trade in services.
3. Net current income e.g. from oversees investment.
4. Transfer payments e.g. payments to EU.

The net balance of trade in goods and services are by far the biggest factor in determining
the current account.
If there is a deficit on the current account, there will be a surplus on the financial / Current
account to compensate for the net withdrawals.
The current account is affected by both short term factors and long term factors.
1. Economic Growth / Consumer Spending
A period of consumer led economic growth will cause a deterioration in the current account.
Higher consumer spending will lead to higher spending on imports. At the end of the 1980s,
the UK economy was booming with rising consumer spending and inflation. This led to a
widening deficit on the current account. The recession of 1992 led to an improvement and a
brief surplus in the mid 1990s. The recession of 2009 also led to a temporary improvement
in the deficit as consumers cut back on spending.

Note: Economic growth in China has not caused a current account deficit because the
growth has been export led.
A country with a low savings rate and high % of consumption will typically have a higher
current account deficit.
2. Exchange Rate.
A depreciation in the exchange rate makes the currency relatively more competitive. After a
depreciation, exports will be more competitive and imports more expensive. This should
improve the current account. However, it requires demand for exports and imports to be
relatively price elastic. If demand is inelastic, then cheaper exports will only cause a small
rise in demand. The actual value of exports can decrease.
There is often a time lag effect between a depreciation in exchange rate and improvement in
current account. See: Terms of trade effect for example in UK economy.
3. Competitiveness
In the long term, the current account will be influenced by the relative competitiveness of
their industrial production. If a country becomes uncompetitive then exports will decline
relative to imports. For example, in the 1950s and 1960s, the UK didnt have a large current
account deficit. However, starting in the 1970s and 1980s, we have seen a steady increase
in the size of the current account deficit. In particular, the deficit in goods (manufactured
goods) has increased. This suggests that UK industry has become relatively less
competitive. For example, it hasnt been able to compete with low cost countries such as
China or higher productivity countries like Germany. Many factors determine relative
competitiveness such as
relative wages
Labour productivity
Standard of infrastructure e.t.c
Capital Flows
To some extent the size of the current account depends on how many capital flows a
country can attract. For example, the US was able to run a persistent current account deficit
of 5% of GDP or more (see: US Current account deficit) because foreign investors wanted
to buy dollar assets. Without this demand for dollar assets (such as Treasury Bills) there
would have been a decline in the value of the dollar which would have reduced the size of
the current account deficit.
Related
Exchange rate and current account deficit
Causes of US current account deficit
Does a current account deficit matter?
Factors Affecting Economic Growth
Dealing With Inflation
Trackbacks/Pingbacks
1. UK Balance of Payments Chart Economics Blog - February 23, 2011
[...] See: Factors affecting UK Current account deficit. [...]
2. Economic Growth and Current Account Economics Blog - March 1, 2011
[...] week, we looked at factors that affect the current account deficit. The above diagram shows the
balance of trade in goods and services as a % of [...]
3. Balance of Payments Disequilibrium | Economics Blog - September 15, 2011
[...] Factors affecting current account [...]
4. UK Balance of Payments | Economics Blog - September 28, 2012
[...] Further reading: Factors which influence the current account [...]



What Does It Tell Us?
Theoretically, the balance should be zero, but in the real world this is improbable,
so if the current account has a surplus or a deficit, this tells us something about
the government and state of the economy in question, both on its own and in
comparison to other world markets.
A surplus is indicative of an economy that is a net creditor to the rest of the world.
It shows how much a country is saving as opposed to investing. What this means
is that the country is providing an abundance of resources to other economies,
and is owed money in return. By providing these resources abroad, a country
with a CAB surplus gives other economies the chance to increase their
productivity while running a deficit. This is referred to as financing a deficit.
A deficit reflects government and an economy that is a net debtor to the rest of
the world. It is investing more than it is saving and is using resources from other
economies to meet its domestic consumption and investment requirements. For
example, let us say an economy decides that it needs to invest for the future (to
receive investment income in the long run), so instead of saving, it sends the
money abroad into an investment project. This would be marked as a debit in the
financial account of the balance of payments at that period of time, but when
future returns are made, they would be entered as investment income (a credit)
in the current account under the income section.
A current account deficit is usually accompanied by depletion in foreign-
exchange assets because those reserves would be used for investment abroad.
The deficit could also signify increased foreign investment in the local market, in
which case the local economy is liable to pay the foreign economy investment
income in the future.
It is important to understand from where a deficit or a surplus is stemming
because sometimes looking at the current account as a whole could be
misleading.
Analyzing the Current Account
Exports imply demand for a local product while imports point to a need for
supplies to meet local production requirements. An export is a credit to a local
economy while an import is a debit, an import means that the local economy is
liable to pay a foreign economy. Therefore a deficit between exports and imports
(goods and services combined) - otherwise known as a balance of trade deficit
(more imports than exports) - could mean that the country is importing more in
order to increase its productivity and eventually churn out more exports. This in
turn could ultimately finance and alleviate the deficit.
A deficit could also stem from a rise in investments from abroad and increased
obligations by the local economy to pay investment income (a debit under
income in the current account). Investments from abroad usually have a positive
effect on the local economy because, if used wisely, they provide for increased
market value and production for that economy in the future. This can allow the
local economy eventually to increase exports and, again, reverse its deficit.
So, a deficit is not necessarily a bad thing for an economy, especially for an
economy in the developing stages or under reform: an economy sometimes has
to spend money to make money. To run a deficit intentionally, however, an
economy must be prepared to finance this deficit through a combination of
means that will help reduce external liabilities and increase credits from abroad.
For example, a current account deficit that is financed by short-term portfolio
investment or borrowing is likely more risky. This is because a sudden failure in
an emerging capital market or an unexpected suspension of foreign government
assistance, perhaps due to political tensions, will result in an immediate
cessation of credit in the current account.

IMP

https://www.scribd.com/doc/53186535/A-Report-on-Balance-of-Payments-of-Pakistan-and-their-
problems

https://www.scribd.com/doc/13225438/Economic-History-of-Pakistan
https://www.scribd.com/doc/220516389/Balance-Of-Payment-of-Pakistan




The countrys trade deficit widened by 10.53 percent from USD $1.605 billion in August to
$1.774 billion in July, 2012. The trade deficit during August 2012, against the same period
of last month shrank by 4.67 percent from $1.861 billion in August, 2011 to $1.774 billion in
August this year. The trade deficit during first two months of current fiscal year (2012-13)
also contracted by 0.44 percent to $3.377 billion from $3.392 billion during same period of
last financial year. According to data released by Pakistan Bureau of Statistics (PBS) on
Thursday, the countrys exports declined by 7.10 percent from $2.057 billion in July, 2012 to
$1.911 billion in August. The imports to the country in August this year remained $3.685
billion against imports of $3.662 billion during last month showing an increase of 0.63
percent. Similarly, the exports from the country during August this year ($1.945 billion)
decreased by 1.75 percent as against same period of last year ($1.911 billion). The imports
of same corresponding period also decreased by 3.18 percent from $3.806 billion in August
2011 to $3.685 billion in August, 2012. The countrys imports during first two months of
current fiscal year declined by 1.99 percent from $7.495 billion to $7.346 billion during first
two months of last fiscal year. The exports of the country during the same corresponding
period also decreased by 3.27 percent as the exports during July-August (2012-13)
remained $3.969 billion while tthe exports during the same period of last year remained
$4.103 billion.

Balance of trade: Gap between exports and imports narrows
By Our Correspondent
Published: March 13, 2013
Share this article Print this pageEmail

Trade deficit shrinks 10% in July-February 2012-13. CREATIVE COMMONS
ISLAMABAD:
The trade deficit contracted 10% to $13.26 billion in the first eight months of the current fiscal year on the
back of healthy growth in exports and a continuous decline in imports.
Compared to the countrys exports worth $15.9 billion in July-February 2012-13, the import bill
stood at $29.1 billion, according to figures released by the Pakistan Bureau of Statistics here on
Tuesday.
This resulted in trade deficit imports exceeding exports of $13.2 billion, but it was 10.1% lower
than the trade gap of $14.7 billion in the corresponding period of the previous fiscal year.
In July-February of the current fiscal year, exports grew 5% or $756 million than the previous year.
On the other hand, imports dropped 2.4% or $719 million compared to a year earlier.
As a developing nation, a reasonable growth in trade deficit is considered a reflection of a growing
economy. But despite deterioration in international trade, shrinking foreign loans and plunging
investments, there seems to be no urgency in relevant quarters to take required policy actions.
Over the last five years, foreign investment has decreased dramatically. In 2008, foreign investment
stood at $5.5 billion, which has plunged to just $684 million in the first half of the current fiscal year.

Similarly, inflows of loans are much lower than the amount being paid to retire principal loans and
make interest payments.
In February alone, the trade figures depicted a somewhat depressing trend as both exports and
imports contracted and trade deficit widened 6.6% over the same month of previous year.
In the month, exports dropped 8.7% year-on-year as goods worth $1.84 billion were shipped, $175
million less than exports made in February 2012, according to the PBS. Imports shrank 2.3% in the
previous month to $3.4 billion, $79 million lower than the import bill in February last year. As a
result, the trade gap increased 6.6% to $1.55 billion over a year ago.
The Asian Development Bank has cautioned Pakistan that the country immediately needs a $9 billion
relief package from the International Monetary Fund to avert a balance of payments crisis, which is
already setting in.
However, economic managers insist that they have a substantial foreign exchange cushion that can
finance three months of imports, an assessment made without taking into account forward contracts
where the State Bank of Pakistan has pledged over $2 billion.
On month-on-month basis, exports and imports slowed down at almost the same pace in February
over January. Exports dipped 9.3% while imports fell 10%, with the deficit narrowing by 11%.


Pakistan Balance of Trade 1957-2014 | Data | Chart | Calendar | Forecast
Pakistan recorded a trade deficit of 243603 PKR Million in September of 2014. Balance of Trade in
Pakistan averaged -22158.76 PKR Million from 1957 until 2014, reaching an all time high of 6457
PKR Million in June of 2003 and a record low of -280964 PKR Million in August of 2014. Balance
of Trade in Pakistan is reported by the Pakistan Bureau of Statistics.

2013


2014

GRAPH




COMPARE


Export Data API Dashboard




Actual Previous Highest Lowest Dates Unit Frequency

-243603.00 -280964.00 6457.00 -280964.00 1957 - 2014 PKR Million Monthly
Pakistan runs regular trade deficits primarily due to high imports of energy. Main imports are: fuel
(40 percent of total imports); machinery and transport equipment (18 percent) and chemicals (16
percent). Pakistan exports: cotton and knitwear (28 percent of total exports); bed wear, carpets and
rugs (8 percent) and rice (8 percent). Main trading partners are United Arab Emirates (10 percent of
total exports and 17 percent of imports) and China (9 percent of exports and 15 percent imports).
Others include: United States, United Kingdom and Germany. This page provides - Pakistan
Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and
news. Content for - Pakistan Balance of Trade - was last refreshed on Friday, October 17, 2014.


Pakistan Trade Deficit Widens to Record High

Pakistan trade gap increased to PKR 227.6 billion in June of 2014, compared with PKR 153.6
billion in the previous month, due to a surge in imports. It is the highest deficit on record.

Exports fell 4.36 percent month-over-month to PKR 199.6 billion in June of 2014. Shipments of
leather tanned fell the most on the month (-14.44 percent), followed by sales of cotton cloth (-13.13
percent) and made up articles (-11.84 percent).

Imports surged 17.89 percent to PKR 427.2 billion. Imports of petroleum products rose 26.13
percent and accounted for the largest share. Meanwhile, purchases of communication apparatus
rose the most in June (+112.73 percent), followed by iron and steel scrap (+27.39 percent).

Year-on-year, the countrys trade deficit increased 30.8 percent in June, as exports declined 6.86
percent and imports surged 10.0 percent.

Pakistan Bureau of Statistics | Isabel Felino | isabel.felino@tradingeconomics.com
7/29/2014 11:36:17 AM


Recent Releases

Pakistan Trade Deficit Shrinks in May
Pakistan trade gap edged down to PKR 153.6 billion in May of 2014 compared with PKR 209.8
billion in the previous month, as exports increased and imports declined. Published on 2014-06-18

Pakistan Trade Deficit Nearly Doubled in April
Pakistan trade gap widened to PKR 209.7 billion in April of 2014 from PKR 139.1 billion in March of
2014, as exports fell sharply. Published on 2014-05-23


Pakistan Trade Last Previous Highest Lowest Unit

Balance of Trade -243603.00 -
280964.00
6457.00 -
280964.00
PKR Million
[+]
Exports 223172.00 191264.00 275917.00 51.00
PKR Million
[+]
Imports 466775.00 472228.00 472228.00 96.00
PKR Million
[+]
Current Account -378.00 -678.00 1418.00 -4213.00
USD Million
[+]
Current Account to GDP -1.10 -2.10 4.90 -8.50
Percent
[+]
Pakistan Trade Last Previous Highest Lowest Unit

External Debt 65533.00 61805.00 66451.00 33172.00
USD Million
[+]
Terms of Trade 54.61 54.54 94.83 49.17
Index Points
[+]
Remittances 4249.00 3793.00 4249.00 906.00
USD Million
[+]
Gold Reserves 64.43 64.43 65.43 64.39
Tonnes
[+]

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