Pakistan's trade deficit widens 64% MoM to $4.5bn in June

July 02, 2026 (MLN): Pakistan's trade deficit widened sharply by 63.76% month-on-month (MoM) to $4.53 billion in June 2026, compared to $2.77bn in May 2026, as imports surged during the month.

The deterioration was driven by a sharp rise in imports alongside a decline in exports, according to provisional data released by the Pakistan Bureau of Statistics (PBS).

On a year-on-year (YoY) basis, the trade deficit expanded by 57.11% from $2.88bn recorded in June 2025, adding pressure on the external account.

Monthly Performance:

Exports in June 2026 fell to $2.24bn, registering a 16.73% MoM decline compared to $2.69bn in May 2026.

Imports rose sharply to $6.77bn, up 24.07% MoM from $5.45bn in May. The steep rise in imports, combined with the fall in exports, was the primary driver of the widening monthly trade gap.

As a result, the trade deficit expanded to $4.53bn during the month.

Yearly Performance:

On a YoY basis, exports declined by 9.61% from $2.48bn in June 2025.

Imports rose by 26.27% YoY from $5.36bn, and the combined effect of lower exports and higher imports resulted in the trade deficit increasing to $4.53bn, up 57.11% from $2.88bn in the same month last year.

Cumulative Trend (July 2025 – June 2026, FY26):

During FY26, total exports stood at $30.13bn, marking a 5.97% decline YoY compared to $32.04bn in FY25.

Meanwhile, cumulative imports rose 7.89% YoY to $69.60bn, up from $64.51bn last year.

Consequently, the cumulative trade deficit widened to $39.47bn, showing a 21.57% increase compared to $32.47bn in the corresponding period of FY25.

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