Islamabad May 3 2025: Pakistan’s trade deficit surged to a 33-month high of US$ 3.39 billion in April 2025 as exports fell sharply, marking their lowest level in 22 months, while imports climbed significantly, hitting their highest point since August 2022.
According to data released by the Pakistan Bureau of Statistics (PBS), exports in April stood at US$ 2.14 billion, down 19.05 percent from March 2025 and 8.93 percent lower year-on-year. This is the weakest monthly export performance since July 2023. On the other hand, imports rose to US$5.53 billion, up 14.52 percent month-on-month and 14.09 percent higher compared to April 2024.
As a result, the monthly trade deficit ballooned to US$ 3.39 billion, an increase of 55.20 percent over the previous month and 35.79 percent year-on-year, making it the largest deficit recorded since July 2022.
Over the first ten months of the fiscal year (July 2024 to April 2025), exports totaled US$ 26.86 billion, showing a modest 6.25 percent growth from US$ 25.28 billion in the same period last year. However, imports during this period jumped to US$48.21 billion, up 7.77 percent from US$ 44.90 billion.
The cumulative trade deficit for July–April 2024–25 reached US$21.35 billion, widening by 8.81 percent compared to the same period a year earlier.