Pakistan’s trade deficit narrowed to $2.12 billion in March 2025, marking a 7.83 per cent improvement over the previous month, as revealed by the latest figures from the Pakistan Bureau of Statistics (PBS). This positive shift comes amid a slight decline in imports, indicating a subtle yet noteworthy change in the country’s trade patterns.
Exports for March 2025 reached $2.6 billion, a 5.10 per cent increase from $2.49 billion in February 2025. This growth in exports points to a steady recovery in global demand for Pakistani goods. On the other hand, imports saw a modest dip of 1.11 per cent, falling to $4.736 billion from $4.789 billion in February.
Year-on-year, exports showed a 1.95 per cent growth in March 2025, up from $2.567 billion in the same month last year. In contrast, imports shrank by 2.45 per cent compared to March 2024, dropping from $4.855 billion to $4.736 billion.
This overall trend contributed to an improved trade deficit, which dropped by 7.39 per cent, from $2.288 billion in March 2024 to $2.119 billion in March 2025.
Looking at the fiscal year so far, exports during the first nine months of 2024-25 amounted to $24.69 billion, a 7.69 per cent increase from $22.93 billion in the same period last year. Imports during this time reached $42.59 billion, reflecting a 6.33 per cent rise from $40.05 billion in the previous year.
Consequently, the cumulative trade deficit stood at $17.89 billion, marking a 4.5 per cent increase from $17.13 billion during the corresponding period of the previous fiscal year.
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