Updated
Updated · IndexBox, Inc. · Jul 15
Pakistan's June Trade Deficit Widens to $4.68 Billion as Imports Jump 26.24%, Exports Fall 16.36%
Updated
Updated · IndexBox, Inc. · Jul 15

Pakistan's June Trade Deficit Widens to $4.68 Billion as Imports Jump 26.24%, Exports Fall 16.36%

1 articles · Updated · IndexBox, Inc. · Jul 15

Summary

  • $4.679 billion: Pakistan's June trade gap widened sharply as imports climbed to $6.931 billion while exports fell to $2.252 billion, according to provisional bureau data.
  • 26.24% import growth from May outpaced a 16.36% drop in exports in rupee terms, with June imports reaching Rs. 1.93 trillion and exports slipping to Rs. 626.7 billion.
  • Petroleum drove much of the import surge: crude imports rose 17.66% month on month, petroleum products jumped 52.35%, and raw cotton surged 68.66%.
  • Textile-heavy exports weakened, with knitwear down 18.43%, readymade garments off 23.95%, and bed wear falling 26.60%, though Basmati rice and petroleum products posted gains.
  • For fiscal 2025-26, Pakistan's exports fell 5.93% to $30.139 billion while imports rose 8.14% to $69.761 billion, leaving a full-year trade deficit of $39.622 billion.

Insights

Is Pakistan’s trade deficit driven more by its internal manufacturing collapse or by external factors like global energy shocks?
With remittances now surpassing exports, is Pakistan's economy becoming dangerously dependent on external worker earnings for its survival?