Pakistan’s trade deficit exceeds 44% in July in the middle of rising imports

A general view showing containers stacked in Karachi Port. – AFP/file
  • Exports climb 16.9% year to year to $ 2.7 billion in July.
  • Import also waves 29.3% from one year earlier to $ 5.4 billion.
  • Monthly trade gap swells to $ 2.75 billion From $ 2.37 billion In June.

Islamabad: Pakistan’s trade deficit ballooned 44% in July 2025, when imports burst almost twice the export pace, The news reported with reference to official data on Thursday.

Development highlights renewed pressure on the country’s external balance at the beginning of the new fiscal year,

Meanwhile, exports rose 16.9% year to year to $ 2.7 billion in July, an increase of 8.9% from June, according to Pakistan Bureau of Statistics (PBS).

However, imports rose 29.3% from one year earlier to $ 5.4 billion and 12.4% month to month raised the monthly trading gap to $ 2.75 billion from $ 1.91 billion the year before and $ 2.37 billion in June.

For the 2024-25 financial year, the total trade deficit rose 9.3% to $ 26.35 billion as exports rose 4.5% to $ 32 billion, while imports rose 6.6% to $ 58.4 billion.

PBS also reported on trading program data for services for July-JUNI 2024-25. According to the trade statistics for international services during this period, local businesses imported more services than they exported.

The trade deficit in services witnessed a fall of 15.84%and reached $ 2.62 billion in FY25 compared to $ 3.1 billion in FY24.

In FY25, the economy hired the Services of Foreign Companies for $ 11 billion and exported services abroad for $ 8.4 billion.

While in FY24, the country’s service exports were registered for $ 7.68 billion, and imports amounted to $ 10.8 billion, representing an increase of 9.23% in services exports and a 2.01% increase in imports.

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