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

IMARAT Begins Landscaping Works at PWD Underpass

Islamabad: IMARAT Group has started landscaping works at the PWD Underpass, marking a fresh effort…

1 day ago

CDA Seeks Cabinet Approval to Cut Commercial Charges for Islamabad Hotels

Islamabad: The Capital Development Authority has sent a summary to the Interior Ministry, requesting that…

2 days ago

Sindh Approves Record PKR 1.018 Trillion Development Budget for 2025–26

Karachi: Sindh Chief Minister Murad Ali Shah has approved a record development budget of PKR…

3 days ago

ECNEC Approves Major Road and Water Projects to Boost Balochistan’s Connectivity

Quetta: The Executive Committee of the National Economic Council (Ecnec) on Tuesday approved the Balochistan…

4 days ago

Rawalpindi Ring Road Phase I 75% Complete; Phase II Feasibility Launched

Rawalpindi: Phase I of the Rawalpindi Ring Road project is nearing completion, while the Rawalpindi…

7 days ago

Islamabad to Get New Capital House in F-5 After CDA’s Major Project Approvals

Islamabad’s Capital Territory is set to get its own Capital House in Sector F-5 following…

1 week ago