Pakistan Exports in July-November 2006 register 5.1% Growth
'Pakistan Times' Business & Commerce Desk

ISLAMABAD: The country’s exports in first five months of current fiscal (July-November) were recorded at around $ 6.928 billion, showing an increase of 5.1 percent over the exports worth $ 6.592 billion realized in the like period of previous fiscal.

According to provisional trade figures, the exports during the month of November, 2006 totalled at around $ 1.380 billion as against $ 1.113 billion realized in the corresponding period of the last fiscal, showing an increase of 23.9 percent in the like period of the last year.

The exports achieved 37.2 percent of the set target of $18.8 billion for the current fiscal while the import achieved 44.0 percent of the set target of the current fiscal.

During the first five months of the current fiscal, the imports also witnessed 10.4 percent growth to $ 12.333 from $ 11.176 billion in the same period of the last financial year.

The country’s imports in November 2006 were recorded at $ 2.774 billion, witnessing a decrease of 20.6 percent over imports worth $ 2.299 billion realized in the corresponding month of last fiscal.●