Pakistan’s trade deficit widened by 33.4 percent year-on-year (YoY) in February 2025 to $2.3 billion as compared to a deficit of $1.7 billion recorded in the same month of last year, according to data released by the Pakistan Bureau of Statistics (PBS) on Monday.
Exports in February 2025 decreased by 5.6 percent and stood at $2.43 billion compared to $2.58 billion during the same month of last fiscal year.
Imports registered 10 percent growth and stood at $4.73 billion compared to $4.30 billion during the same month of last fiscal year.
On a monthly basis, trade deficit declined by 0.3 percent compared to a deficit of $2.307 billion recorded in January 2025.
Exports in February 2025 were 17.4 percent below exports of $2.951 billion in January 2025. On the other hand, imports fell by 9.9 percent compared to $5.258 billion in January 2025.
The trade deficit in the first eight months of the current fiscal year (8MFY25) stood at $15.78 billion compared to $14.840 billion during the same period of last fiscal year, an increase of 6.3 percent.
The country’s exports increased by 8.2 percent during the first eight months (July-February) of FY25 and stood at $22 billion compared to $20.3 billion during the same period of FY24.
The imports were up 7.4 percent and stood at $37.8 billion during 8MFY25 compared to $35.19 billion during the same period of FY24.
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