Pak-Italy trade witnesses over 158% surplus in 5 months

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Pakistan’s goods and services trade with Italy witnessed a surplus of 158.11 percent during the first five months of the current fiscal year (2022-23) as compared to the corresponding period of last year.

Trade surplus during the months under review was recorded at $256.423 million against $99.345 million last year, showing 158.11 percent growth.

The overall exports to Italy were recorded at US $491.636 million during July-November (2022-23) against exports of US $406.750 million during July- November (2021-22), showing growth of 20.86 percent, SBP data revealed.—APP