During the month of January 2012, the exports from the country increased by 5.34 percent to reach at $1.953 billion as against the exports of $1.854 billion in December 2011.
However, imports during January 2012 were recorded at $3.649 billion against the imports of $4.261 billion in December 2011, showing a negative growth of 14.36 percent, the PBS data revealed.
The trade deficit during January 2012 was recorded at $1.696 billion against the deficit of $2.407 billion in December 2011, showing decrease of 29.54 percent.
Exports during January 2012, however, decreased by 15.34 percent when compared to $2.307 billion exports of January 2011.
The imports into the country during January 2012 reached to $3.649 billion, showing 5.95 percent growth over the imports of January 2011, according to the data Meanwhile, the exports of services during July-December (2011-12) witnessed negative growth of 21.99 percent over the same period of last year.
The services exports during the first half of the current fiscal year stood at $2.586 billion against the service exports of $3.315 billion during July-December (2010-11).
The imports into the country during the period increased up to $3.890 billion from the imports of $3.664 billion during last year, showing an increase of 6.17 percent.
Based on the figures, the services’ trade deficit during the first six months stood at $1.304 billion against the deficit of $349 million last year, showing an increase of over 273 percent, the data revealed.(APP)
