Pakistan’s trade deficit widens 18% in 2MFY27
Agencies IslamabadPakistan’s trade deficit widened by 18.1 percent year-on-year to $7.12 billion during the first two months (July-August) of fiscal year 2026-27, according to data...
Pakistan's trade deficit widened by 18.1% year-on-year to $7.12 billion during the first two months of the fiscal year 2026-27, according to data released by the Pakistan Bureau of Statistics (PBS). The increase was primarily driven by a faster growth in imports, which rose 13% year-on-year to $12.58 billion, compared to $11.13 billion in the same period last year.
Meanwhile, exports increased 7% year-on-year to $5.46 billion from $5.10 billion. Despite a monthly contraction in August 2026, with the trade deficit narrowing 19.7% to $3.17 billion from $3.95 billion in July, the overall deficit remains a concern for Pakistan's external account position.
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