Pakistan’s Trade Deficit Narrows 49.2% as Imports Decline: Bloomberg

By Farhan Sharif

April 10 (Bloomberg) -- Pakistan’s trade deficit narrowed by 49.2 percent in March as imports fell faster than exports.

The trade gap fell to $1.04 billion in the ninth month of the fiscal year ending June 30, from $2.05 billion a year earlier, according to data posted on the Web site of the Federal Bureau of Statistics in Islamabad.

Overseas sales fell 25.9 percent to $1.3 billion, while imports fell 38.4 percent to $2.4 billion, according to the data.

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