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    <title>Aaj TV English News - Business &amp; Economy</title>
    <link>https://english.aaj.tv/</link>
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    <language>en-Us</language>
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    <pubDate>Wed, 08 Apr 2026 08:15:49 +0500</pubDate>
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      <title>Pakistan’s exports to the US increase by 1.62% in early FY 2024-25</title>
      <link>https://english.aaj.tv/news/330381076/pakistans-exports-to-the-us-increase-by-162-in-early-fy-2024-25</link>
      <description>&lt;p&gt;&lt;strong&gt;Pakistan’s exports of goods and services to the United States rose by 1.62% during the first two months of the fiscal year 2024-25, compared to the same period last year, according to the State Bank of Pakistan (SBP).&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;Total exports to the US reached $949.855 million in July-August 2024-25, up from $934.666 million in the corresponding months of 2023-24.&lt;/p&gt;
&lt;p&gt;Despite this increase, year-over-year figures indicate a decline in exports for August 2024, which fell to $473.838 million from $494.774 million in August 2023.&lt;/p&gt;
&lt;p&gt;On a month-on-month basis, exports also experienced a slight dip of 0.45%, decreasing from $476.017 million in July 2024.&lt;/p&gt;
&lt;p&gt;In contrast, Pakistan’s total exports to other countries saw a significant increase of 7.18% during the same period, rising from $4,536.015 million to $4,862.017 million, as reported by the SBP.&lt;/p&gt;
&lt;p&gt;On the import front, Pakistan’s imports from the US grew by 5.60% during July-August 2024-25, totaling $370.661 million compared to $350.977 million last year.&lt;/p&gt;
&lt;p&gt;Year-on-year, imports from the US increased to $185.606 million in August 2024, up from $176.497 million in August 2023. Month-on-month, imports saw a slight decrease of 0.29%, down from $185.055 million in July 2024.&lt;/p&gt;
&lt;p&gt;Overall, Pakistan’s imports rose by 13.82%, climbing from $8,376.052 million to $9,533.997 million, according to the data.&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Read more&lt;/strong&gt;&lt;/p&gt;
&lt;blockquote class="blockquote-level-1"&gt;
&lt;p&gt;&lt;a href="https://english.aaj.tv/news/330375317/pakistan-faces-162m-current-account-deficit-in-july"&gt;Pakistan faces $162m current account deficit in July&lt;/a&gt;&lt;/p&gt;
&lt;/blockquote&gt;
&lt;blockquote class="blockquote-level-1"&gt;
&lt;p&gt;&lt;a href="https://english.aaj.tv/news/30300169/trade-deficit-narrows-by-2142-as-exports-increase-to-7125-billion-in-q1"&gt;Trade deficit narrows by 21.42% as exports increase to $7.125 billion in Q1&lt;/a&gt;&lt;/p&gt;
&lt;/blockquote&gt;
&lt;blockquote class="blockquote-level-1"&gt;
&lt;p&gt;&lt;a href="https://english.aaj.tv/news/330372111/pharmaceutical-goods-export-increases-by-390-to-us341023-mln-in-fy-2023-24"&gt;Pharmaceutical goods’ export increases by 3.90% to US$341.023 mln in FY 2023-24&lt;/a&gt;&lt;/p&gt;
&lt;/blockquote&gt;
</description>
      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p><strong>Pakistan’s exports of goods and services to the United States rose by 1.62% during the first two months of the fiscal year 2024-25, compared to the same period last year, according to the State Bank of Pakistan (SBP).</strong></p>
<p>Total exports to the US reached $949.855 million in July-August 2024-25, up from $934.666 million in the corresponding months of 2023-24.</p>
<p>Despite this increase, year-over-year figures indicate a decline in exports for August 2024, which fell to $473.838 million from $494.774 million in August 2023.</p>
<p>On a month-on-month basis, exports also experienced a slight dip of 0.45%, decreasing from $476.017 million in July 2024.</p>
<p>In contrast, Pakistan’s total exports to other countries saw a significant increase of 7.18% during the same period, rising from $4,536.015 million to $4,862.017 million, as reported by the SBP.</p>
<p>On the import front, Pakistan’s imports from the US grew by 5.60% during July-August 2024-25, totaling $370.661 million compared to $350.977 million last year.</p>
<p>Year-on-year, imports from the US increased to $185.606 million in August 2024, up from $176.497 million in August 2023. Month-on-month, imports saw a slight decrease of 0.29%, down from $185.055 million in July 2024.</p>
<p>Overall, Pakistan’s imports rose by 13.82%, climbing from $8,376.052 million to $9,533.997 million, according to the data.</p>
<p><strong>Read more</strong></p>
<blockquote class="blockquote-level-1">
<p><a href="https://english.aaj.tv/news/330375317/pakistan-faces-162m-current-account-deficit-in-july">Pakistan faces $162m current account deficit in July</a></p>
</blockquote>
<blockquote class="blockquote-level-1">
<p><a href="https://english.aaj.tv/news/30300169/trade-deficit-narrows-by-2142-as-exports-increase-to-7125-billion-in-q1">Trade deficit narrows by 21.42% as exports increase to $7.125 billion in Q1</a></p>
</blockquote>
<blockquote class="blockquote-level-1">
<p><a href="https://english.aaj.tv/news/330372111/pharmaceutical-goods-export-increases-by-390-to-us341023-mln-in-fy-2023-24">Pharmaceutical goods’ export increases by 3.90% to US$341.023 mln in FY 2023-24</a></p>
</blockquote>
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      <category>Business &amp; Economy</category>
      <guid>https://english.aaj.tv/news/330381076</guid>
      <pubDate>Wed, 25 Sep 2024 16:18:20 +0500</pubDate>
      <author>none@none.com (Web Desk)</author>
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