Trade Deficit Archives

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Business

Faizan Khan
Mar 17, 2025

Trade deficit halves from $48b in FY2022 to $24 in FY2024

The documents submitted by the Ministry if Commerce showed that trade deficit in the previous fiscal year had come down to FY2020 levels.

Business

Web Desk
Mar 04, 2025

Pakistan’s exports rise by 8.17 per cent, but trade deficit widens

Pakistan’s exports saw an increase of 8.17 per cent in the first eight months (July-February) of the fiscal year 2024-25, reaching $22.022 billion, up from $20.359 billion during the same period last year (2023-24).

Business

Web Desk
Jan 17, 2025

Pakistan’s service sector trade deficit surpasses $200 million

Pakistan’s service sector faced a trade deficit of $218 million in December 2024, marking a significant 116 per cent increase compared to the $101 million deficit in the same period last year, according to the latest data from the State Bank of Pakistan (SBP).

Business

Web Desk
Dec 03, 2024

Pakistan’s trade deficit falls 18.6 per cent in November on export gains

Pakistan’s trade deficit shrank 18.6 per cent year-on-year in November, driven by a surge in exports and a dip in imports, according to PBS.

Business

Web Desk
Nov 02, 2024

Pakistan’s trade deficit shrinks by over 31 per cent as imports decline

Pakistan’s trade deficit declined by of 31.1 per cent in October 2024 as exports surged and imports declined.

Business Pakistan

Web Desk
Oct 03, 2024

Pakistan’s exports rise 13.52 per cent in September

The consistent growth in exports is indicative of a strengthening trade position, as the country seeks to improve its presence in international markets.

Business

Web Desk
Oct 02, 2024

Pakistan’s trade deficit widens by 20.4 per cent in September as imports rise

Pakistan’s trade deficit saw a significant rise of 20.4 per cent in September 2024, reaching $1.78 billion compared.

Business

Web Desk
Sep 04, 2024

Exports surge 14 pc as IMF uncertainty looms

The Pakistan Bureau of Statistics (PBS) reported a $620 million year-on-year increase in exports during July-August 2024.

Business

Web Desk
Aug 19, 2024

Current account deficit narrows by 78 per cent in July 2024: SBP report

Pakistan’s current account deficit narrowed significantly in July 2024, registering at $162 million.

Business

Web Desk
Jun 22, 2024

Record income outflows push current account deficit to $270 million

In a significant economic update, Pakistan has recorded a current account deficit of $270 million, driven primarily by a substantial increase in the primary income deficit.