Trade deficit widens to $10.8b in first quarter
Pakistan's trade deficit widened to $10.8 billion in the first quarter of the fiscal year as import growth outpaced export gains. Despite government efforts to incentivize exporters, the trade gap remains a significant economic challenge.
Why it matters
Persistent trade deficits impact national currency stability and reliance on international financial aid like IMF tranches.
--> Home Business Trade deficit widens to $10.8b in first quarter Import growth outpaces encouraging momentum in exports
facebook --> twitter --> whatsup --> linkded --> email MORE (3) Messenger Whatsapp --> ISLAMABAD: Pakistan's trade deficit remained elevated at $10.8 billion during the first quarter of the current fiscal year, reflecting an increase of $1.4 billion, as import growth outpaced a good momentum in exports.
According to the Pakistan Bureau of Statistics (PBS), the gap between imports and exports was 15% higher during the July-September period of fiscal year 2026-27. In absolute terms, the gap was $1.4 billion more than the last fiscal year, which was higher than the $1.2 billion tranche Pakistan will receive from the International Monetary Fund (IMF) in November.
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