Pakistan's Exports recorded an all time high in dollar terms for the fiscal year 2010. Exports in 2010 were 19.38 billion. Data with comparison to last year is as follows:
2009
Exports 17.7
Imports 34
Trade Deficit 17
2010
Exports 19.38
Imports 34
Trade Deficit 15
As we can see Trade Deficit has been reduced by almost 12%. This is a very good news and shows that macro economic situation is improving.
For foreign investors this is a very important news because that means Pakistan's Currency doens't not poses any significant risk for investment.
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