A brief on Economy

• Exports in January have increased by 26.9% to $2.786 billion from $2.195 billion in Jan 2023.

• The imports during the same period decreased by 4.5% to $4.665 billion from $4.884 billion.

• The trade deficit narrowed to $1.879 billion in January 2024 from $2.689 billion in January 2023.

• During Jul-Jan 2024 Exports totalled at $17.766 billion, up 12% from $15.831 billion during the same period in the previous FY.

• Imports contracted by -16% to $30.010 billion as compared to $35.836 billion in same period last FY.

• The overall trade deficit has decreased by -39% to $12.244 billion as compared to $20.005 in the previous year.

https://twitter.com/peconomist_/status/1753084381458235711?s=46&t=acdH_3FYdV6tkban3yTFCg