Current account posts $12m surplus in April

May 16, 2025 (MLN): Pakistan has recorded a current account surplus of $12 million, the latest data issued by the State Bank of Pakistan (SBP) revealed today.

Last month, the country recorded a current account surplus of $1.2bn, while in April, 2024 the current account surplus stood at $315m.

On a cumulative basis, the current account surplus in 10MFY25 was recorded at $1.88bn, when compared to the deficit of $1.34bn in 10MFY24.

During April, total exports rose by 1.0% to $3.33bn compared to $3.29bn in the same month of last year. While it fell 4.9% as against the exports of $3.5bn in the previous month.

Total imports rose 15.3% to $6.14bn as compared to the imports worth $5.32bn recorded in April of last year. Compared to the previous month, imports rose 4.3%.

Accordingly, the trade deficit in goods and services rose 38.6% from a year ago to $2.81bn. On a monthly basis, it widened 17.9%.

Cumulatively, the trade deficit in 10MFY25 was recorded at $23.84bn, a rise of 17.0% when compared to the deficit of $20.38bn in 10MFY24.

During the first 10 months of current fiscal year, exports rose 7.3% to $34.21bn compared to $31.87bn in the same period last year.

Imports rose 11.1% to $58.05bn in 10MFY25 compared to $52.25bn in the same period last year.

The data further details that the workers' remittances in April increased by 13.1% to $3.18bn as against $2.81bn in April 2024; while on a monthly basis, the remittances went down by 21.5% as compared to $4.05bn in the previous month.

Cumulatively in 10MFY25, workers' remittances were recorded at $31.21bn as compared to $23.85bn in 10MFY24, depicting a rise of 30.9%.

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