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Summary_December_2024

In December 2024, Pakistan's exports increased slightly to Rs. 790,978 million ($2,841 million), while imports surged to Rs. 1,471,542 million ($5,285 million), resulting in a trade deficit of Rs. 680,564 million ($2,444 million). Year-on-year, exports decreased by 1.07% and imports rose by 12.07%. Cumulatively, from July to December 2024, exports grew by 7.17% and imports by 2.92%, with a total trade deficit of Rs. 3,108,133 million ($11,172 million).

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23 views1 page

Summary_December_2024

In December 2024, Pakistan's exports increased slightly to Rs. 790,978 million ($2,841 million), while imports surged to Rs. 1,471,542 million ($5,285 million), resulting in a trade deficit of Rs. 680,564 million ($2,444 million). Year-on-year, exports decreased by 1.07% and imports rose by 12.07%. Cumulatively, from July to December 2024, exports grew by 7.17% and imports by 2.92%, with a total trade deficit of Rs. 3,108,133 million ($11,172 million).

Uploaded by

Malik zain
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GOVERNMENT OF PAKISTAN

PAKISTAN BUREAU OF STATISTICS

SUMMARY (PRAL) ON MERCHANDISE TRADE STATISTICS


December, 2024
Exports
Imports
Balance of Trade
(Rupees in Million)
(U.S. Dollars in Million)
Table-1: Monthly Trend (MoM)
% Change in
Series December, 2024 ( P) November, 2024 ( F) December, 2024 over
November, 2024
Rs. $ Rs. $
(1 $=Rs.278.435262) (1 $=Rs.277.809327) Rs. $
Exports 790,978 2,841 786,953 2,833 0.51 0.28
Imports 1,471,542 5,285 1,250,062 4,500 17.72 17.44
Balance of Trade
(Trade Deficit) -680,564 -2,444 -463,109 -1,667 46.96 46.61

Table-2: Yearly Trend (YoY)


% Change in
Series December, 2024 ( P) December, 2023 ( F) December, 2024 over
December, 2023
Rs. $ Rs. $
(1 $=Rs.278.435262) (1 $=Rs.283.296071) Rs. $
Exports 790,978 2,841 799,545 2,822 -1.07 0.67
Imports 1,471,542 5,285 1,313,026 4,635 12.07 14.02
Balance of Trade
(Trade Deficit) -680,564 -2,444 -513,481 -1,813 32.54 34.80

Table-3: Cumulative Trend


% Change in
Series July - December, 2024 July - December, 2023 July - December, 2024 over
July - December, 2023
Rs. $ Rs. $ Rs. $
Exports 4,606,873 16,561 4,298,761 14,985 7.17 10.52
Imports 7,715,006 27,733 7,496,078 26,137 2.92 6.11
Balance of Trade
(Trade Deficit) -3,108,133 -11,172 -3,197,317 -11,152 -2.79 0.18
NOTE:-
1- Data from DRS, FBR Islamabad for the month of December, 2024 is still awaited.
2- Current month Rupee Value has been converted into US Dollar on weighted average customer exchange rate (Selling) published by S.B.P.
3 Whereas Banks' Floating average exchange rates provided by S.B.P for the months of November, 2024 & December, 2023 have been used.
4- Due to roundings effects some totals and percentages may not tally.

( Shazia Begum )
Director (Trade)

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