Pakistan’s goods and services trade with Bangladesh witnessed surplus of 52.82 percent during first eight months of financial year (2021-22) as compared to the corresponding period of last year. The overall exports to Bangladesh were recorded at $559.118 million during July-February (2021-22) against exports of $ 375.669 million during July-February (2020-21), showing growth of 52.82 percent, SBP data revealed. Meanwhile, on year-to-year basis, exports to Bangladesh during February 2022 also increased by 44.62 percent, from $52.440 million to $75.842 million. Similarly, on month-on-month basis, exports of Bangladesh decreased by 9.56 percent during February 2022 in comparison with exports of $83.867 million in January 2022, SBP data said. Overall Pakistan’s exports to other countries witnessed an increase of 28.11 percent in eight months, rising from $16.092 billion to $20.616 billion.
On the other hand, the imports from Bangladesh during the period under review were recorded at $67.025 million against $53.668 million last year, showing an increase of 24.88 percent. Meanwhile, on year-to-year basis, imports from Bangladesh during February 2022, however decreased by 14.27 percent from $8.656 million last year to $7.420 million. On month-on-month basis, the import from Bangladesh also dipped by 16.98 percent during February 2022 when compared to the import of $8.938 million in January 2022, SBP data said. The overall imports into the country increased by 49.11 percent, from $32.123 billion to $47.901 billion. The trade surplus during the period under review was recorded at $492.093 million against $322.001 million during same period of last year, showing 52.82 percent growth.