The Pakistan Bureau of Statistics (PBS) has released the latest trade data for fiscal year 2025-26, showing a significant widening of the country’s trade deficit. According to the report, the deficit reached $39.47 billion, reflecting growing pressure on the external account.
Deficit Higher Than Previous Year
The report indicates that the trade deficit increased by 21.57% compared to the previous fiscal year. The government had initially set a target of $29.92 billion, but the actual figure exceeded expectations by a wide margin.
Exports Fail to Meet Targets
Pakistan’s exports during FY2025-26 stood at $30.12 billion, marking a decline of 5.97% year-on-year. The official export target was $35.28 billion, but the country fell short due to weakened external demand and structural constraints in export sectors.
Imports Continue to Rise
On the import side, Pakistan recorded imports worth $69.59 billion, reflecting an increase of 7.89% compared to the previous year. The import target was set at $65.21 billion, but actual imports exceeded projections, further widening the trade gap.
Sharp Monthly Increase in June 2026
The report highlights a steep rise in the monthly trade deficit during June 2026. On a year-on-year basis, the deficit increased by 57.11%, while month-on-month growth reached 63.76%, with the deficit recorded at $4.52 billion for the month.
Export and Import Breakdown for June
In June 2026, exports remained under pressure while imports stood at $6.76 billion, indicating continued imbalance in external trade flows. This persistent gap underscores structural challenges in the country’s trade performance.
