Pakistan bureau of Statistics (PBS) released trade data according to which, an increase of 6.25 percent has been witnessed in the country’s exports during the first 10 months (July-April) of current fiscal year 2024-25, recording a reach of $26.859 billion, compared to $25.278 billion in the same period of last year.
The data revealed that trade deficit widened by 8.81 per cent during the first ten months of the current fiscal year and stood at $21.351 billion compared to $19.622 billion during the same period of last fiscal year.
In terms of import records, imports of the country were also shown to increase up to about 7.37 percent during the first 10 months of current fiscal year, totaling $48.210 billion, up from $44.9 billion in the corresponding period of the previous fiscal year.
The trade deficit of Pakistan widened in April 2025 by 55.20 per cent on a month-on-month (MoM) basis reaching to $3.388 billion as compared to a deficit of $2.183 billion recorded in March 2025. A decline in exports was observed by 19.05 per cent in April which stood at $2.141 billion compared to $2.645 billion in March. Imports registered a 14.52 per cent increase MoM in April and stood at $5.529 billion compared to $4.828 billion in March 2025.
Trade deficit was recorded to have increased on an year on year (YoY) basis, by 35.79 per cent in April 2025 which stood at $3.388 billion when compared to $2.495 billion in April 2024. Exports data showed a decline of 8.93 per cent on YoY basis in April 2025 and stood at $2.141 billion when compared to $2.351 billion in April 2024.
