Pakistan Trade Deficit Worsens After 2 Months

Pakistan's trade deficit expanded by 18 percent year-on-year to $7.1 billion in the first two months of FY27, as imports surged faster than exports, according to figures from the Pakistan Bureau of Statistics. Exports increased by 7 percent year-on-year to $5.5 billion during the two-month period, while imports rose 13 percent to $12.6 billion, widening the overall trade gap.

The trade deficit widened to $7.1 billion during the two months. A significant part of this trend was observed in August 2026, when Pakistan recorded a trade deficit of $3.2 billion, up 10 percent year-on-year but down 20 percent month-on-month. Exports in August were $2.5 billion, up 3.8 percent year-on-year but down 15 percent from the previous month.

Imports increased to $5.7 billion, up 7.4 percent year-on-year but down 17.6 percent month-on-month. The August data followed a stronger July, leading to the cumulative trade deficit of $7.1 billion during the first two months of FY27.