ISLAMABAD: Pakistan’s goods and services trade with United States of America (USA) witnessed surplus of 60.75 percent during first two months of current financial year (2021-22) as compared to the corresponding period of last year.
The overall exports to USA recorded at $ 1011.506 million during July-August (2021-22) against exports of $671.857 million during July-August (2020-21), showing growth of 50.55 percent, SBP data revealed.
Overall Pakistan’s exports to all countries also witnessed an increase of 35.36 percent in two months, from $3398.991 million to $4601.041 million, the SBP data said.
On the other hand, the imports from US during the period under review recorded at $431.627 million against $311.129 million last year, showing an increase of 38.72 percent in two months.
The overall imports rose by 67.78 percent, from $6798.029 million to $11406.050 million, according to the data.
The trade surplus during the period under review recorded at $579.879 million against $360.728 million during same period of last year, showing 6.75 percent growth.