Pakistan’s trade deficit decreased by 7.5 percent year-on-year (YoY) in March 2025 to $2.119 billion as compared to a deficit of $2.288 billion recorded in the same month of last year, according to data released by the Pakistan Bureau of Statistics (PBS) on Thursday.
Exports for the month amounted to $2.6 billion, reflecting an increase of 1.9 percent YoY and an increase of 5.1 percent month-on-month (MoM).
Meanwhile, imports declined to $4.7 billion, marking a 2.5 percent YoY decrease, while on a MoM basis they declined by 1.1 percent.
For 9MFY25, the trade deficit increased by 4.5 percent YoY to $17.9 billion.
The country’s exports increased by 7.7 percent during the first nine months (July-March) of FY25 and stood at $24.69 billion compared to $22.926 billion during the same period of FY24.
The imports were up 6.3 percent and stood at $42.58 billion during 9MFY25 compared to $40.054 billion during the same period of FY24.
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Low consumption
High inflation
Low imports
High unemployment
Shrinks deficit but increases economic slowdown