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The country’s trade deficit during the period from July 2024 to April 2025 increased by 8.81%, surpassing the $21.35 billion mark, says an official data released by PBS here on Friday.
The data further revealed that the trade deficit also surged in April, by 55.20% on a monthly basis to reach $3.388 billion. This sharp increase came as exports declined by 19.05%, falling to $2.141 billion.
According to data released by the Pakistan Bureau of Statistics, the trade deficit during the period from July 2024 to April 2025 increased by 8.81%, surpassing the $21.35 billion mark. On a year-on-year basis, the trade deficit in April showed a rise of 35.79%.
The Bureau further reported that exports in April decreased by 19.05% compared to the previous month. On an annual basis, exports dropped by 8.93%, remaining at $2.141 billion.
Despite the decline in April, the data indicates that exports during the first ten months of the current fiscal year (July to April) saw a growth of 6.25%, reaching $26.859 billion.
On the import side, the Bureau stated that imports rose by 14.52% in April on a monthly basis. Year-on-year, imports also increased by 14.09%, with the total value reaching $5.529 billion during the month.
Furthermore, the statistics reveal that imports during the first ten months of the current fiscal year increased by 7.37%, amounting to $48.21 billion.
Meanwhile, the overall inflation rate recorded a slight rise of 0.15%, with the prices of 12 essential items showing an upward trend.
