Categories: Business

15.59% surplus witnessed in Pak-Italy trade: SBP

F.P. Report

ISLAMABAD: Pakistan’s goods and services trade with Italy witnessed surplus of 15.59 percent during first eight month of ongoing fiscal year (2019-20) as compared to the corresponding period of last year.

The overall exports to Italy were recorded at $524.612 million during July-February (2019-20) against exports of $508.363 million during July-February (2018-19), showing positive growth of 3.19 percent in first eight month of current fiscal year, according to State Bank of Pakistan (SBP).

On the other hand, the imports from Italy into the country during the period were recorded at $398.036 million against $398.867 million last year, showing nominal decreased of 0.20 percent in first eight month of current fiscal year.

The trade surplus during the period under review was recorded at $126.576 million against $109.496 million during same period of last year, showing 15.59 percent growth.

The Frontier Post

Recent Posts

Pakistan vaccinates over 7 million children on first day of anti-polio drive

F.P. Report KARACHI: Pakistani health authorities vaccinated over seven million, or 24.9% of the targeted…

4 hours ago

Suicide behind one in every 100 deaths: WHO

(AFP): More than one in every 100 deaths globally is due to suicide, the World…

4 hours ago

South Australia bans plastic fish-shaped soy sauce containers

SYDNEY (AFP): An Australian state has banned plastic fish-shaped soy sauce containers, reeling in a…

4 hours ago

Arshad Nadeem gets Japan visa to contest in World Athletics C’ship

F.P. Report World Athletics Champion Arshad Nadeem obtained a Japanese visa for participation in the…

4 hours ago

Microsoft to discount cloud services for US government

WASHINGTON (Reuters) : Microsoft has agreed to give US agencies a discount on its cloud…

4 hours ago

Floods and rains claim 18 more lives, death toll reaches 881 across Pakistan: NDMA

F.P. Report ISLAMABAD: Monsoon rains and flooding have claimed 18 more lives and left 29…

4 hours ago

This website uses cookies.