Pakistan’s trade deficit for March 2025 saw a significant reduction, narrowing by 7.5% year-on-year (YoY) to $2.119 billion compared to $2.288 billion in March 2024.
This marks a positive development in Pakistan’s trade balance, as highlighted by the latest Pakistan Bureau of Statistics (PBS) data.
Exports for March 2025 reached $2.6 billion, reflecting a 1.9% YoY growth and a 5.1% month-on-month (MoM) increase.
This positive export performance is a key factor in the reduction of the trade deficit, signaling steady growth in Pakistan’s export sector.
Despite improvements in March, the overall trade deficit for the first nine months of FY25 (9MFY25) has seen an increase. The deficit rose by 4.5% YoY to $17.9 billion.
March 2025 Trade Performance
Meanwhile, imports in March 2025 declined to $4.7 billion, down by 2.5% YoY and 1.1% MoM. The reduction in imports provides some relief, helping to mitigate the trade imbalance.
This increase is mainly driven by a 6.3% YoY rise in imports, which totaled $42.58 billion during 9MFY25, compared to $40.05 billion during the same period of FY24.
Pakistan's exports have seen positive momentum during the first three quarters of FY25, with a 7.7% YoY increase, amounting to $24.69 billion.
This growth in exports is encouraging, as it indicates that Pakistan’s trade sector is making progress despite rising imports.
The trade deficit is a critical economic indicator that shows the difference between a country's imports and exports. A narrowing trade deficit is often seen as a positive sign of improving economic conditions.
Pakistan’s focus on export growth is crucial to maintaining this trend and reducing the deficit over time.
Pakistan’s trade deficit decreased by 7.5% in March 2025, with exports rising by 1.9%. Discover the latest trade data and trends fig gift from the Pakistan Bureau of Statistics, highlighting key insights for FY25.
