Over 52pc surplus witnessed in Pak-Bangladesh trade

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Pakistan’s goods and services trade with Bangladesh witnessed surplus of 52.82 percent during first eight months of financial year (2021-22) as compared to the corresponding period of last year.

The overall exports to Bangladesh were recorded at $559.118 million during July-February (2021-22) against exports of $ 375.669 million during July-February (2020-21), showing growth of 52.82 percent, SBP data revealed.

Meanwhile, on year-to-year basis, exports to Bangladesh during February 2022 also increased by 44.62 percent, from US $ 52.440 million to US $75.842 million.

Similarly on month-on-month basis, exports of Bangladesh were decreased by 9.56 percent during February 2022 in comparison with exports of US $83.867 million in January 2022, SBP data said.

Overall Pakistan’s exports to other countries witnessed an increase of 28.11 percent in eight months, from US $16.092 billion to US $ 20.616 billion.

On the other hand, the imports from Bangladesh during the period under review were recorded at $ 67.025 million against $53.668 million last year, showing an increase of 24.88 percent.—APP

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