Over 23% surplus witnessed in Pak-US trade: SBP

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Pakistan’s goods and services trade with the United States (US) witnessed a surplus of 23.21 percent during first month of current financial year (2022-23) as compared to the corresponding period of last fiscal year.

The trade surplus during the period under review was recorded at $335.091 million against $271.952 million last year, showing 23.21 percent growth.

The exports to the US were recorded at $499.686 million during July this year against $503.118 million during the same month last year, showing a nominal decline of 0.68 percent, the State Bank of Pakistan (SBP) data revealed.—APP

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