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Trade deficit increases 49 percent

Trade deficit increases 49 percent

KARACHI: The trade deficit has increased 49% for the first quarter of financial year 2014-15 with a decrease in exports and increase in Imports.
The imports decreased 6.86% for the Q1 of the current year with $7.97 billion as compared to $8.55 billion in the previous year. The imports have increased 16.09 percent from $14.45 billion to $16.78 billion. The trade deficit has increased $9.81 billion from $5.90 billion in first quarter of current fiscal year.