Trade deficit climbs to $26.27 billion in FY25 amid rising imports

Pakistan’s trade deficit widened in the fiscal year 2024–25, increasing by 9% to reach $26.27 billion, as per new figures released by the Pakistan Bureau of Statistics.

The country’s exports reached $32 billion during FY25, registering a 4.7% increase over last year’s $30.67 billion. However, this growth was offset by a sharper rise in imports, which jumped by 6.6% to $58.38 billion compared to $54.78 billion in FY24.

In the month of June alone, exports dropped slightly to $2.54 billion, reflecting a 0.6% year-on-year decrease and a 4.8% decline from May. Imports also declined during the month, standing at $4.86 billion—down 2% from last year and 7.1% from the previous month. The monthly trade deficit for June was recorded at $2.56 billion.

These trends highlight persistent challenges in balancing trade, as import dependency continues to weigh on the economy.