Categories: Everyday News

Pak-US trade observed 63pc surplus: SBP

ISLAMABAD: The State Bank of Pakistan (SBP) reported that the goods and services trade with the United State of America (USA) saw a surplus of  63.58 per cent in the financial year (2021-22) as compared to last year.

invest with imarat

Islamabad’s emerging city centre

Learn More

As per data revealed by SBP, during July 2021-22 the exports were recorded at $ 503.118 million while during July 2020-21, the exports grew by 49.19 per cent to be at $337.228 million. 

Moreover, Pakistan’s exports to other countries also soared by 9.73 per cent from $1.885 billion to $2.257 billion in the first month. 

The imports from the USA witnessed an increase of 35.19 per cent from  $170.985 million last year to $231.166 million in July 2021-22. 

 

For more news and information, visit Graana.com 

 

Laila Waqar

Laila Waqar is the Content Lead at Graana.com. With a bachelor's degree from LUMS, her expertise lies in curating research-based content in line with market marketing requirements. She is a detailed-oriented professional who focuses on delivering quality content that is enlightening and engaging.

Recent Posts

Islamabad Selected as Pilot Smart City Under Prime Minister’s Digital Pakistan Vision

Islamabad is set to become Pakistan’s first pilot smart city as part of Prime Minister…

23 hours ago

New Govt-Backed Housing Finance Initiative Aims to Revitalize Real Estate

The federal government plans to introduce a new subsidized housing finance scheme in the fiscal…

2 days ago

Historic First for Real Estate in Pakistan: IMARAT’s Subsidiary Earns A- Rating

In a landmark achievement for Pakistan’s real estate sector, IMARAT Group has announced that its…

5 days ago

Massive Green Push in Punjab: 42 Million Trees and Eco-Tourism Development Underway

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif reaffirmed her administration’s strong commitment to environmental sustainability,…

5 days ago

IMARAT/Graana.com Partners with Prestige Aesthetics to Offer Premium Wellness Benefits to Clients

Islamabad – In a continued effort to redefine luxury living in Pakistan, IMARAT Group has…

6 days ago

China’s Upcoming City Near Karachi: A Potential Game Changer for Pakistan’s Real Estate Sector

China’s ambitious plan to construct an entirely new city near Karachi is set to reshape…

7 days ago