By Arsalan Ali ISLAMABAD, Mar 22, (INP WealthPK):  During the first seven months (July-February) of FY 2021-22, export of goods grew by 25.8% to $20.547 billion as compared to $16.323 billion during the same period of FY 2020-21. Similarly, from July-Feb FY 2022, import of goods rose by 55.08% to $52.506 billion as compared to $33.858 billion during the same period of FY 2020-21. Consequently, trade deficit surged by 82.26% to $31.959 billion as compared to $17.535 billion during the corresponding period of the last fiscal year. In Feb 2022, export of goods rose by 35.78% to $2.808 billion as compared to $2.068 billion the same period last year. Import of the goods grew by 28.30% to $5.903 billion as compared to $4.601 billion during the same period last year. As a result, the trade deficit surged by 22.19% to $3.095 billion as compared to $2.533 billion last year. According to Pakistan Bureau of Statistics (PBS), from Jan to Feb 2022, the export of goods grew by 7.42% to $2.808 billion as compared to $2.614 billion the previous month. Import of goods decreased by 2.28% to $5.903 billion as compared to $6.041 billion last month. So, the trade deficit declined by 9.69% to $3.095 billion as compared to $3.427 billion last month. In February 2022, the United States, China and the United Kingdom are the top exporters, while China and the United Arab Emirates are the top importers from Pakistan. Exports to the US increased by 25% in Feb 2022, reaching $473.87 million, up from $379.95 million during the corresponding period of Feb 2021. Exports to China increased by 17% to $284.78 million from $242.90 million during the same period last year, while exports to UK increased by 27% to $198.91 million from $156.49 million last year. In February 2022, imports from China grew by 22% to $1.532 billion as compared to $1.259 billion during the same period of 2021, while imports from the UAE grew by 14% to $402.6 million as compared to $352 million during the same period of Feb 2021. Major export items in February 2022 include bedlinen, table linen, toilet linen, and kitchen linen of all sorts of textile materials, as well as men or boy suits, ensembles, jackets, pants, bib and brace. Exports of textile-related items increased by 29% to $379.8 million in Feb 2022, up from $293.8 million the previous year. Exports of all garment items climbed by 48% to $285.8 million, up from $192.8 million from the preceding year. Citrus fruit, fresh or dried, and cement, including cement clinkers, are the top decreasing commodities in the month of February. Export of citrus fruit, fresh or dried, decreased by 40% to $27.1 million as compared to $44.8 million last year. Demand of cement and cement clinkers decreased by 4% to $18.6 million as compared to $19.3 million during the previous year. Petroleum oils and oils obtained from bituminous minerals (excluding crude) and petroleum gas and other gaseous hydro carbon were the major import products in the month of February. In Feb 2022, the import of petroleum oils increased by 54% to $514.3 million as compared to $334.2 million last year. Import of petroleum gas surged by 44% to $368.1 million as compared to $256.5 million last year. In Feb 2022, electrical, electronic equipment and cotton (neither carded nor combed) are the top decreasing commodities. Import of electrical and electronic appliances decreased by 13% to $189 million as compared to $218.5 million during the same period of 2021. Import of cotton decreased by 17% to $127.9 million as compared to $154 million last year.