Pakistan’s exports up by four per cent in Feb 2012

KARACHI: Pakistan’s exports in February 2012 grew by 4.15 per cent to $2.034 billion, however it decreased by 5 per cent over the same month of last year 2010-11.

According to TDAP, the latest trade figure shows that Pakistan’s exports during February 2011 were valued at $1.953 billion and 5 per cent lower than the level of $2.141 billion during February 2011.

Imports during February 2012 were valued at $3.462 billion registering a growth over the level of imports valued at $3.053 billion in February 2011.

However, the cumulative trade figure shows that Pakistan’s exports during July-February 2011-12 stood at $15.189 billion, while in the corresponding period of the last year 2010-11 exports were $15.263 billion, which shows a negligible decline 0.5 per cent.

Imports during July-February 2011-12 were $29.789 billion as compared to $25.599 billion during the same period of the year 2010-11, registering a 16.37 per cent growth.