trade deficit

In recent years, Pakistan's massive trade deficit relative to the size of the economy has been a major cause of concern for both the government and businesses.

During Jul-2019, the country's trade deficit declined by 16% MoM to US$1,847mn.

ISLAMABAD -- Trade deficit has narrowed down remarkably during July the first month of ongoing financial year 2019-2020.

Lahore -- As the government is going to complete its one year in power the Friends of Economic and Business Reforms has hailed it for managing to narrow down the trade deficit by over 15 percent to around $32 billion in 2018-19 mainly due to drop in import from China.

Summary: In May 2019, exports grew by 3.5% y/y to US$ 334.3mn, imports were down 7.3% y/y to US$ 751.5mn and the trade deficit decreased by 14.5% y/y to US$ 417.2mn, according to GeostatEe's preliminary figures.

ISLAMABAD -- Pakistan's trade deficit shrank by 13.62 percent in eleven months of the ongoing fiscal year due to the massive decline in imports.

Reutes WASHINGTON The US trade deficit fell to an eight-month low in February as imports from China plunged, temporarily providing a boost to President Donald Trump's "America First" agenda and economic growth in the first quarter.

The trade deficit between Pakistan and China, during first eight months (Jul-Feb) of current fiscal year, shrank by 11.93 percent.

THE country started the year incurring a trade deficit of $3.76 billion, with China registering a trade surplus of $1.36 billion with the Philippines in January, according to official government data released on Tuesday.

trade deficit soared to a 10-year high of $621 billion in 2018 -- the largest since 2008 -- clearly proving president Donald Trump's protectionist trade policies continue to backfire and are hurting the U.S.

trade deficit reached its highest sum ever last year, defying President Donald Trump's efforts and promises to shrink it through his economic policies.