The persistent trade imbalance highlights the challenges facing Pakistan's economy, with imports consistently outpacing exports. In February alone, exports dropped by 8.8% year-on-year to $2.27 billion, while imports slightly decreased by 1.6% to $5.25 billion. The ongoing geopolitical tensions and the potential for rising oil prices are likely to further strain the external account, as noted by economists. As the country grapples with these economic pressures, the outlook for the trade deficit remains concerning, prompting calls for strategic measures to enhance export performance and manage imports more effectively.
BUSINESS
Pakistan Trade Deficit Increases 25% To $25 Billion Fy26
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Pakistan's trade deficit widened by 25% to $25.04 billion in the first eight months of FY26, driven by a 7.3% drop in exports to $20.46 billion and an 8.1% rise in imports to $45.50 billion. February alone saw a deficit of $2.98 billion, raising concerns over the external account.
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