Jul-Aug trade deficit swells 18.11pc YoY
ISLAMABAD: Pakistan’s trade deficit increased by 18.11 percent during the first two months (July to August) of the current fiscal year 2026-27, rising from around USD6.025 billion in the same period of last fiscal year to USD7.116 billion, according to a summary of merchandise trade statistics released by the Pakistan Bureau of Statistics (PBS) on Thursday. The country’s total imports reached…
Pakistan's trade deficit expanded by 18.11 percent year-on-year (YoY) during the first two months (July to August) of the current fiscal year 2026-27, according to figures released by the Pakistan Bureau of Statistics (PBS) on Thursday. In comparison to the same period last year, Pakistan's total imports surged to USD7.116 billion, up from USD6.025 billion, while exports increased to USD5.46 billion from USD5.1 billion.
Nevertheless, on a month-to-month (MoM) basis, exports experienced a decline of 15.01 percent in August 2026 compared to July 2026, with exports totaling USD1.508 billion versus USD2.951 billion in the previous month. Imports likewise contracted by 17.69 percent in August, dropping from USD6.898 billion to USD5.678 billion. The trade deficit, on a MoM basis, saw a decline of 19.69 percent, falling from USD3,947 billion to USD3.170 billion.
YoY, Pakistan's exports grew by 3.81 percent, while imports jumped by 7.38 percent, resulting in a 10.38 percent increase in the trade deficit.
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