Pakistan’s trade deficit shrinks by around 8% in March 2025

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By MG News | April 03, 2025 at 05:31 PM GMT+05:00

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April 03, 2025 (MLN): Pakistan’s trade deficit stood at $2.12 billion in March 2025, reflecting a 7.83% improvement compared to February 2025, according to the latest data released by the Pakistan Bureau of Statistics (PBS).

This improvement came despite a slight decline in imports, signaling a shift in the country’s external trade dynamics.

In March 2025, Pakistan’s exports stood at $2.6bn, reflecting a 5.10% increase from $2.49 billion in February 2025.

Meanwhile, imports declined by 1.11% to $4.736bn, compared to $4.789bn in the previous month.

On a year-on-year basis, exports grew by 1.95% in March 2025, rising from $2.567bn in March 2024.

Imports, however, declined by 2.45%, dropping from $4.855bn in March 2024 to $4.736 billion in March 2025.

As a result, the trade deficit improved by 7.39%, reaching $2.119bn compared to $2.288bn in March 2024.

For the first nine months of the fiscal year 2024-25, exports totaled $24.69bn, marking a 7.69% increase from $22.93bn in the corresponding period last year.

Imports during this period reached $42.59bn, up 6.33% from $40.05bn.

The cumulative trade deficit stood at $17.89 billion, representing a 4.5% rise compared to $17.13bn recorded in the previous fiscal period.

Copyright Mettis Link News

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