ISLAMABAD: The exports from the nation elevated by 8.17 % through the first eight months of the present fiscal 12 months as in comparison with the corresponding months of final 12 months.
Exports throughout July-February (2024-25) had been recorded at $22.022 billion towards $20.359 billion throughout July-February (2023-24), in response to Pakistan Bureau of Statistics (PBS) information.
Then again, imports into the nation went up by 7.40 % by rising from $35.199 million final 12 months to $37.802 million through the first eight months of the present 12 months.
Primarily based on the figures, the commerce deficit through the months underneath assessment was recorded at $15.780 billion towards the deficit of $14.480 billion final 12 months, displaying a rise of 6.33 %.
In the meantime, on year-on-year foundation, the exports in February 2025 decreased by 5.57 % to $2.439 billion from $2.583 billion in February 2024.
Then again, the imports went up by 10.03 % by going up from $4.306 to $4.738 %, in response to PBS information.
Additionally learn: BYD launches share sale to lift as much as $5.2 billion
On a month-on-month foundation, the exports from the nation got here down by 17.35 % when in comparison with the exports of $2.951 billion throughout January 2025.
The imports additionally witnessed a lower of 9.89 % when in comparison with the imports of $5.258 billion in January 2025, PBS reported.
Earlier, Chinese language electrical automobile maker BYD has launched a sale of its Hong Kong shares to lift as much as $5.2 billion by way of an accelerated book-building, in response to a deal time period sheet seen by Reuters.
The corporate set a value vary of HK$333-HK$345 per share for the providing, representing an as much as 8.4% low cost in comparison with the inventory’s market closing value of HK$363.60 on Monday, the time period sheet confirmed.
BYD didn’t instantly reply to a Reuters’ request for remark.
The corporate plans to make use of the proceeds to put money into analysis and growth, broaden abroad companies, complement its working capital, and for common company functions, mentioned the time period sheet.
The deal provides to a pointy pickup this 12 months in share providing momentum in Hong Kong, which is the popular vacation spot for Chinese language firms trying to increase offshore capital, as traders guess on a attainable restoration in China’s financial progress.