ISLAMABAD - Against the target of $ 10.7 billion, the countrys trade deficit remained $15.328 billion in the last fiscal year 2009-10, Federal Bureau of Statistics reported on Wednesday. According to the latest trade figures, Pakistans trade imbalance was registered at $ 15.328 billion in the year 2009-10, while it was $17.134 billion in the year 2008-09, thus registering a decline of 10.54 percent. The countrys exports have shown an increase of 9.58 percent in the previous financial year as compared to the 2008-09. The exports managed to reach at $19.383 billion in July-June period of the last fiscal year as compared to the exports of $17.688 billion in the same period of 2008-09. The export target for the said period was $ 18.7 billion, however due to healthy exports in textile group and rice, the target was exceeded. Makhdoom Amin Fahim, Federal Minister for Commerce has expressed his pleasure and satisfaction over achievement of export target for the year 2009-10. The export target for the year 2009-10 was set as $ 18.7 billion. The actual export for the same period remained $ 19.38 billion. In a statement, he said that it was an enormous achievement for his ministry, that despite the global recession and depression at the domestic side, the export target was achieved. The Federal Minister said that the export target was achieved at a time of severe competition in the international market and at a time when no concessional treatment was being offered to Pakistani products in the markets of EU and US. On the other hand, according to the figures, the countrys imports have shown a decline of 0.32 percent and totaled at $34.710 billion in July-June period of the last fiscal year as against the imports of $34.822 billion during the fiscal year 2008-09. It is pertinent to mention here that the government was projecting trade deficit at around $ 10 billion, which exceeded to $ 15.328 billion in 2009-10 mainly due to huge importation. If we compare the statistics of June with those of the month of May 2010, it becomes clear that only in the month of June 2010, the country exported goods worth $1.819 billion as compared to the exports of $1.754 billion in May 2010, showing an increase of 3.75 percent, the official figures disclosed. Meanwhile, according to the figures, the imports remained $3.224 billion in June 2010 as against imports of $3.363 billion in May indicating a decrease of 4.14 percent. The trade deficit was at $1.405 billion in June 2010 as against the imbalance of $1.610 billion in May 2010 indicating a decrease of 12.73 percent.