Pakistan Trade Data: September Deficit Widens to $3.53bn

Pakistan trade data for September show the deficit widened 7.26% on the month, exports rose 18.49% on the year, and basmati and other rice shipments more than doubled.

Pakistan's trade deficit widened 7.26% on the month to $3.53bn in September, up from $3.29bn in August, according to provisional PBS data.

Exports reached $2.96bn and imports $6.49bn. In rupee terms, the monthly shortfall was Rs981.79bn.

Rice, textiles and petroleum product exports led the gains, with basmati and other rice more than doubling on the year.

Iron and steel, motor car and plastic imports rose sharply, while crude oil imports fell 28.47% on the month.

For July to September, the deficit reached $10.77bn, 14.87% wider than a year earlier.

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