According to the Economic and Commercial Office of the Chinese Embassy in Pakistan, data released by the Ministry of Commerce of Pakistan on September 4 showed that Pakistan's exports in August fell 19.5% year-on-year to $1.586 billion, compared with $1.969 billion in the same period last year. Pakistan's exports have fallen sharply since the blockade was imposed in March this year due to the epidemic, and after a slight increase in July, they showed a downward trend in August. Although overall exports fell in August, exports of tractors, steel, chemicals and cement increased by 186%, 100%, 90% and 30% , respectively . Daoud, a business adviser to the Prime Minister of
Pakistan, said that heavy rains and floods in Karachi and other areas had caused serious damage to infrastructure, disrupted the supply chain of goods and affected exports in August. Due to Pakistan's unprecedented monsoon rains, exporters are facing problems such as power cuts, slowing business activities, transport delays and port disruptions.
In addition, Pakistan's imports in August were US $2.968 billion, down 20% from US $3.71 billion in the same period last year. Pakistan's trade deficit also fell by 20.6% in August due to a sharp decline in imports and exports. In absolute terms, the trade deficit narrowed to $1.382 billion, compared with $1.740 billion in the same period last year.
浙公网安备33010802003254号