Breakup of trade data in Jan: PBS

February 17, 2025 (MLN): Pakistan’s trade deficit stood at $2.32bn in January 2025, reflecting a 5.19% improvement compared to December 2024, according to the latest data released by the Pakistan Bureau of Statistics (PBS).

While on a yearly basis it increased by 18.13% compared to the deficit of $1.96bn in January 2024.

In terms of Rupees, the balance of trade in January 2025 was (-)Rs646.47 billion, while the cumulative balance of trade from July to January 2024-25 stood at (-)Rs3754.634bn and in dollar terms (-)$13.495bn.

Exports

Exports from Pakistan during January 2025 amounted to Rs822.73bn (provisional) as against Rs809.55bn in December 2024 and Rs782.64bn in January 2024, showing an increase of 1.63% over December 2024 and 5.12% over January 2024.

In terms of US dollars, exports in January 2025 totaled $2.953bn (provisional) as compared to $2.911bn in December 2024, marking an increase of 1.44% over December 2024 and 5.77% over $2.792bn in January 2024.

Exports during July–January 2024-25 totaled Rs5.45tr (provisional) as against Rs5.08tr in the corresponding period last year, reflecting a 7.22% increase. In US dollar terms, exports during July–January 2024-25 totaled $19.584bn (provisional) against $17.777bn last year, registering a 10.16% growth.

The main export commodities during January 2025 included Knitwear (Rs130.49bn), Readymade garments (Rs110.62bn), Bedwear (Rs80.44bn), Rice others (Rs67.23bn), Cotton cloth (Rs45.99bn), Towels (Rs28.41bn), Basmati Rice (Rs21.67bn), Madeup articles excluding towels & bedwear (Rs20.75bn), Cotton yarn (Rs18.14bn), and Sugar (Rs17.93bn).

Imports

Imports into Pakistan during January 2025 amounted to Rs1.47tr (provisional), compared to Rs1.49tr in December 2024 and Rs1.33tr in January 2024, showing a decline of 1.41% from December 2024 but a 10.21% increase over January 2024.

In US dollar terms, imports in January 2025 totaled $5.273bn (provisional), compared to $5.358bn in December 2024, reflecting a 1.59% decrease, but an increase of 10.87% compared to $4.756bn in January 2024.

During July–January 2024-25, imports totaled Rs9.20tr (provisional) against Rs8.83tr in the corresponding period last year, marking a 4.23% increase. In US dollar terms, imports during July–January 2024-25 stood at $33.079bn (provisional), compared to $30.893bn last year, reflecting a 7.08% rise.

The main import commodities during January 2025 were Petroleum products (Rs144.24bn), Petroleum crude (Rs121.37bn), Palm oil (Rs96.06bn), Natural gas liquified (LNG) (Rs87.30bn), Electrical machinery & apparatus (Rs86.10bn), Plastic materials (Rs64.90bn), Iron & steel (Rs60.80bn), Mobile phones (Rs37.65bn), Raw cotton (Rs34.55bn), and Petroleum gas liquified (LPG) (Rs29.50bn).

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