Pakistan’s trade balance took a hit in fiscal year 2024–25, with the deficit rising by 9% compared to the previous year, according to the latest data from the Pakistan Bureau of Statistics (PBS). The trade gap increased to $26.27 billion, up from $24.1 billion in FY24.
While the country did see a modest boost in exports—growing by 4.7% to reach $32 billion—imports outpaced that growth. Import figures climbed by 6.6%, totaling $58.38 billion compared to $54.78 billion in the previous fiscal year.
Looking at June specifically, Pakistan exported goods worth $2.54 billion, showing a slight decline of 0.6% from the same month last year and a 4.8% dip compared to May. Imports in June also dropped to $4.86 billion, marking a 2% year-on-year decrease and a 7.1% decline from the previous month. The trade deficit for June was recorded at $2.56 billion.
These figures suggest that despite efforts to enhance exports, the country remains heavily reliant on imports, which continues to strain its external balance.
