Pakistan's exports to Turkiye dip 2.56% in 2 months.

ISLAMABAD -- Pakistan's export of goods and services to Turkiye witnessed a decrease of 2.56 per cent during the first two months of the current fiscal year (2023-24) as compared to the exports of the corresponding period of last year, State Bank of Pakistan (SBP) reported.

The overall exports to Turkiye were recorded at US $61.354 million during July-August (2023-24) against exports of US $62.972 million during July-August (2022-23), SBP data revealed.

On a year-to-year basis, the exports to Turkiye also dipped by 8.99 per cent from $32.815 million in August 2022, against the exports of $29.863 million in August 2023.

Meanwhile, on a month-on-month basis, the exports to Turkiye decreased by 5.17 per cent during August 2023 as compared to the exports of $31.492 million in July 2023, the SBP data revealed.

Overall Pakistan's exports to other countries witnessed a decrease of 8.26 per cent in the first two months, from US $ 4.951 billion to US $ 4.541 billion, the SBP data revealed.

On the other hand, the imports from Turkiye into...