{"id":68508,"date":"2020-07-26T09:56:00","date_gmt":"2020-07-26T04:56:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=68508"},"modified":"2020-07-24T18:37:35","modified_gmt":"2020-07-24T13:37:35","slug":"pakistan-registers-usd-210-mn-trade-surplus-italy","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/pakistan-registers-usd-210-mn-trade-surplus-italy.html","title":{"rendered":"Pakistan registers USD 210 mn trade surplus with Italy"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Islamabad: Ambassador of Pakistan to Italy Jauhar Saleem has revealed that Pakistan has registered a USD 210 million trade surplus with Italy during the (Fiscal Year) FY2019-20, despite the impact of the ongoing coronavirus pandemic \u2014 a news source reported on July 24. He further stated that previously during FY 2018-19, Pakistan had recorded a USD 164 million deficit with Italy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Read: <a href=\"https:\/\/www.zameen.com\/news\/pakistans-current-account-balance-rises-usd-13-million-surplus.html\" target=\"_blank\" rel=\"noreferrer noopener\">Pakistan\u2019s current account balance registers USD 13 million surplus<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Saleem made these comments while speaking to both Pakistani and Italian media. He took the opportunity to further break down the trade surplus, stating that Pakistan\u2019s exports to Italy during FY2019-20 were USD 731 million, while the imports stood at USD 521 million. In addition, Pakistani exports to Italy primarily comprised of textile, leather, rice and ethanol.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Read: <a href=\"https:\/\/www.zameen.com\/news\/drop-in-imports-narrows-current-account-deficit-to-71.html\" target=\"_blank\" rel=\"noreferrer noopener\">Drop in imports narrows current account deficit to 71%<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In this regard, the ambassador said that Pakistan was a market leader in rice exports, and that the country held 38% of the Italian market with rice exports worth PKR 62 million. He added that Italian investment in Pakistan had also increased by 45% as compared to the previous fiscal year, and currently stood at USD 56.4 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Ambassador of Pakistan to Italy Jauhar Saleem has revealed that Pakistan has registered a USD 210 million trade surplus with Italy during the (Fiscal Year) FY2019-20, despite the impact of the ongoing coronavirus pandemic \u2014 a news source reported on July 24. He further stated that previously during FY 2018-19, Pakistan had recorded a USD 164 million deficit with Italy. Read: Pakistan\u2019s current account balance registers USD 13 million surplus Saleem made these comments while speaking to both Pakistani and Italian media. He took the opportunity to further break down the trade surplus, stating that Pakistan\u2019s exports to Italy during FY2019-20 were USD 731 million, while the imports stood at USD 521 million. In addition, Pakistani exports to Italy primarily comprised of textile, leather, rice and ethanol. Read: Drop in imports narrows current account deficit to 71% In this regard, the ambassador said that Pakistan was a market leader in rice exports, and that the country held 38% of the Italian market with rice exports worth PKR 62 million. He added that Italian investment in Pakistan had also increased by 45% as compared to the previous fiscal year, and currently stood at USD 56.4 million.<\/p>\n","protected":false},"author":57,"featured_media":66133,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15153],"tags":[35640,18235,35641,35639],"persona":[],"class_list":["post-68508","post","type-post","status-publish","format-standard","has-post-thumbnail","category-trade","tag-exports-to-italy","tag-foreign-direct-investment","tag-pakistan-registers-usd-210-mn-trade-surplus-with-italy","tag-trade-surplus","cat-15153-id"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pakistan registers USD 210 mn trade surplus with Italy - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: Ambassador of Pakistan to Italy Jauhar Saleem has revealed that Pakistan has registered a USD 210 million trade surplus with Italy during the (Fiscal Year) FY2019-20, despite the impact of the ongoing coronavirus pandemic \u2014 a news source reported on July 24.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/pakistan-registers-usd-210-mn-trade-surplus-italy.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pakistan registers USD 210 mn trade surplus with Italy - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: Ambassador of Pakistan to Italy Jauhar Saleem has revealed that Pakistan has registered a USD 210 million trade surplus with Italy during the (Fiscal Year) FY2019-20, despite the impact of the ongoing coronavirus pandemic \u2014 a news source reported on July 24.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/pakistan-registers-usd-210-mn-trade-surplus-italy.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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