Current account posts $324m deficit in April

May 18, 2026 (MLN): Pakistan's current account swung to a deficit of $324m in April 2026, according to data released by the State Bank of Pakistan (SBP), from a surplus of $1.13bn recorded in March 2026.

During April, exports of goods stood at $2.56bn, edging up slightly from $2.53bn in March. Imports of goods, however, surged to $5.97bn from $4.89bn in the previous month. As a result, the trade deficit in goods widened sharply to $3.41bn, compared with $2.37bn in March.

Exports of services were broadly flat at $914m versus $911m in March, while imports of services rose to $890m from $852m. The surplus on trade in services narrowed to $24m from $59m in March.

Overall, the balance on trade in goods and services deteriorated to a deficit of $3.39bn, compared with $2.31bn in March 2026.

Workers' remittances declined to $3.54bn in April, down from $3.83bn recorded in the previous month.

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