Breakup of trade data in May: PBS

June 19, 2025 (MLN): Pakistan’s trade deficit in May 2025 declined by 23.99% MoM, standing at $2.6 billion compared to $3.42bn in April 2025, according to data released by the Pakistan Bureau of Statistics (PBS).

On a year-on-year (YoY) basis, however, the deficit increased by 25.29%, from $2.08bn in May 2024 to $2.60bn in May 2025.

The trade gap narrowed in May 2025 as imports dropped by 5.77% MoM to $5.27bn, while exports rose by 22.91% MoM to $2.67bn.

In May 2025, Pakistan's exports stood at Rs752.73bn ($2.67bn), showing a 4.71% decrease YoY from Rs789.94bn ($2.84bn) in May 2024.

Cumulatively, in the first eleven months (July–May) of FY2024–25, the trade deficit widened by 10.54%, reaching $23.99bn, compared to $21.71bn in the same period last year.

In terms of Rupees, the balance of trade in May 2025 was (-)Rs. 732.57 billion, while the cumulative balance of trade from July to May 2024–25 stood at (-)Rs. 6.70 trillion, and in dollar terms (-)$23.99bn.

Exports

Exports from Pakistan during May 2025 amounted to Rs752.73bn as against Rs610.19bn in April 2025 and Rs789.94bn in May 2024, showing an increase of 23.36% over April 2025 but a decline of 4.71% over May 2024.

In US dollar terms, exports in May 2025 totaled $2.67bn compared to $2.17bn in April 2025, reflecting a 22.91% MoM rise, but a 5.88% YoY decline from $2.84bn in May 2024.

Exports during July–May, FY2024–25 totaled Rs8.25 trillion ($29.56bn), showing an increase of 3.58% in rupee terms and 5.15% in dollar terms compared to the same period of FY2023–24.

Imports

Imports into Pakistan during May 2025 amounted to Rs1.49 trillion, down from Rs1.57 trillion in April 2025, reflecting a MoM decline of 5.45%, but up by 8.60% YoY from Rs1.37 trillion in May 2024.

In US dollars, imports in May 2025 were $5.27bn, compared to $5.60bn in April 2025 (down 5.77% MoM) and $4.92bn in May 2024 (up 7.28% YoY).

Cumulatively, imports during July–May FY2024–25 amounted to Rs14.94tr ($53.55bn), showing an increase of 5.99% in rupee terms and 7.5% in dollar terms compared to the same period of FY2023–24.