- Imports increased by 6.95%, going to $ 33 billion compared to $ 30.9 billion.
- January exports 4.59%, but imports increase by 10%.
- The Pakistan CAD has been surplus since August 2024.
Islamabad: Pakistan exports jumped 10% in the first seven months of current financial year, reaching $ 19.55 billion, compared to $ 17.77 billion in the same period last year, The news reported, citing Pakistan Bureau of Statistics (PBS).
This growth reflects a positive economic trajectory and offers a certain relief in the management of external accounts.
Meanwhile, imports increased by 6.95% to $ 33 billion, compared to $ 30.9 billion, according to data published by the PBS on Monday. Despite the increase in exports, the trade deficit widened slightly 2.84%, reaching $ 13.49 billion, while imports exceeded export gains.
This trend indicates a positive development for the country’s external financial situation, in particular concerning its current account deficit (CAD), which has long been a source of economic vulnerability.
Since August 2024, the CAD of Pakistan has been in surplus due to higher funds and the improvement of the trade balance. In December 2024, he was surplus of $ 582 million against $ 279 million in December 2023.
Exports in January 2025 amounted to $ 2.92 billion, reflecting a modest increase from one year to 4.59%, while imports increased by 10% to 5.233 billion dollars, Against $ 4.756 billion in January 2024. Consequently, the monthly trade deficit increased by 17.78% to $ 2,313. billions of $ 1.96 billion.
On one basis of the month to the other, exports increased from $ 2.91 billion in December 2024, showing little momentum. Imports, however, decreased by 2.3% against $ 5.36 billion the previous month.
The increase in trade presents a challenge for political decision -makers which already concern external pressures and economic vulnerabilities.
Experts suggest that a strategic approach is necessary to improve the competitiveness of exports, in particular the diversification of products and market expansion.
“Without targeted reforms to improve export performance, Pakistan’s commercial imbalance will continue to submit exchange reserves and economic stability,” said an industry analyst.
With global economic uncertainty and the increase in import costs, decision -makers must find a balance between maintaining essential imports and reducing the deficit to protect the country’s financial stability.