Pakistan’s service sector trade deficit rises to $226m in October

November 17, 2025 (MLN): The service sector of Pakistan posed a trade deficit of $226 million in October, reflecting an increase of 10.24% MoM, as compared to a deficit of $205m recorded in the previous month, the latest data released by the State Bank of Pakistan (SBP) showed.

Comparison on a yearly basis shows that the country reported a deficit of $230 m in trade of services in the Same Period Last Year (SPLY).

Details made available by SBP further revealed that the exports of services in October went up by 17.66% YoY to $826m compared to $702m in October 2024.

Similarly, on a month wise basis, exports rose by 2.35% MoM compared to the figures for September 2025.

Cumulatively in 4MFY26, services exports climbed by 15.93% YoY to $3.034bn compared to exports of $2.617bn in 4MFY25.

Amongst the total exports in the review month, Telecommunications, Computer, and Information Services made the largest contribution with an amount of $386m in October, witnessing an increase of 16.97% YoY compared to exports in SPLY.

Meanwhile, Other Business Services held the second position, bringing $169m in October into the country.

In terms of growth, receipts from the exports of this section went up by 17.36% YoY compared to $144m in the same period last year.

On a sequential basis, other business services dropped by 1.74% MoM compared to exports of $172m in September 2025.

Furthermore, the export of transport and travel services contributed an amount of $71m and $86m, respectively in the review period.

The imports of services during the year amounted to $1.052bn, which rose by 12.88% YoY compared to imports worth $932m in SPLY.

On a monthly basis, imports have increased compared to $1.012bn recorded in the previous month.

Going forward, the imports during 4MFY26 stood at $4.198bn, up by 12.04% YoY compared with the number during 4MFY25.

Amongst the total imports, the largest expenditure was incurred on Transport for an amount of $461m, witnessing a decline of 8.97% YoY and 1.39% MoM.

The Travel services cost the country around $268m, recording an increase of 34.38% YoY and 30.3% MoM.

Copyright Mettis Link News