Pakistan's FY26 trade deficit widens 22%

July 16, 2026 (MLN): Pakistan's trade deficit widened by 22.0% to $39.62bn in FY26 (July-June 2025-26), compared to a deficit of $32.47bn recorded during the same period of FY25 (July-June 2024-25), according to the latest data issued by the Pakistan Bureau of Statistics (PBS).

In rupee terms, the cumulative trade deficit for FY26 stood at Rs11.14tr, as against Rs9.08tr recorded in FY25, showing a rise of 22.75% in local currency terms.

On a monthly basis, the trade deficit for June 2026 alone stood at $4.68bn, up 69.2% compared to $2.77bn recorded in May 2026. In rupee terms, the June deficit was recorded at Rs1.30tr, against Rs781.25bn in the previous month, marking a rise of 67.1%.

On an annual basis, the June 2026 trade deficit rose 62.4% compared to $2.88bn posted in June 2025. In rupee terms, this translated to a YoY increase of 60.1%, from Rs815.37bn in June 2025 to Rs1,305.45bn in June 2026.

Total exports for FY26 fell 5.9% to $30.14bn, compared to $32.04bn recorded in FY25. In rupee terms, exports for the period stood at Rs8.45tr, down 5.5% from Rs8.95tr in FY25.

During June 2026, exports fell 9.1% YoY to $2.25bn, compared to $2.48bn in the same month of last year.

On a monthly basis, exports declined 16.3% against $2.69bn recorded in May 2026. In rupee terms, June exports stood at Rs626.69bn, down 10.6% YoY from Rs701.09bn in June 2025, and down 16.4% MoM from Rs749.27bn in May 2026.

Total imports for FY26 rose 8.1% to $69.76bn, compared to $64.51bn recorded in FY25. In rupee terms, imports for the period stood at Rs19.59tr, up 8.7% from Rs18.02tr in FY25.

During June 2026, imports rose 29.3% YoY to $6.93bn, compared to $5.36bn in June 2025. On a monthly basis, imports increased 27.1% against $5.45bn recorded in May 2026.

In rupee terms, June imports stood at Rs1.93tr, up 27.4% YoY from Rs1.52tr in June 2025, and up 26.2% MoM from Rs1.53tr in May 2026.

Copyright Mettis Link News