Pakistan’s trade deficit during the first nine months of FY2025-26 declined sharply to $22.6 billion, registering an 18.5 percent year-on-year (YoY) decrease.
According to the Pakistan Bureau of Statistics, exports during July–March FY26 increased to $24.7 billion, compared with $22.73 billion recorded in the same period last fiscal year — an 8.7 percent increase.
Meanwhile, imports decreased by 6.2 percent to $47.3 billion, down from $50.53 billion a year earlier.
The data indicates that although imports have declined from earlier highs, Pakistan’s export sector has improved during the nine months under review.
March 2026 Performance
For March 2026 alone, Pakistan’s trade deficit stood at $2.73 billion, reflecting a 3.7 percent increase YoY despite decline in both exports and imports.
Exports during the month were recorded at $2.26 billion, down 14.4 percent YoY and 0.5 percent month-on-month compared to February.
Imports totaled $4.995 billion, showing a 5.4 percent YoY decrease from March 2025 and a 5.6 percent MoM decline.
On a sequential basis, however, the trade deficit decreased by 9.4 percent MoM from $3.01 billion in February.
