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From 2009 the trade balance shifted to deficit, with an exception of 2011 and 2014. In 2018, the largest trade deficits were recorded with China, Germany and Mexico, while the biggest trade ...

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Equally important is a shift in economic behavior—balancing consumption with productivity. By prioritizing long-term structural reforms over reactive measures, Pakistan can build a resilient economy ...

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Therefore, if the U.S. has a surplus in its capital account balance, it must have a corresponding deficit in its trade balance.

Pakistan has been running consistent trade deficit since 2003 mainly due to high imports of energy. Since 2012, China has emerged as Pakistan’s largest trading partner replacing the United States.