Pakistan's trade deficit narrows 20% MoM in August 2026

Mettis Global reported that Pakistan's trade deficit narrowed 19.69 per cent month on month in August 2026, falling to $3.17bn from $3.95bn in July. The narrowing came as both exports and imports declined, though imports dropped more steeply, according to provisional figures from the Pakistan Bureau of Statistics (PBS).

Compared with the same month a year earlier, the gap widened 10.38 per cent from $2.87bn in August 2025. Exports reached $2.51bn after a 15.01 per cent monthly drop, while imports came to $5.68bn, down 17.69 per cent from July. On a year-on-year basis, exports grew 3.81 per cent but imports rose 7.38 per cent.

For July and August combined, exports totalled $5.46bn, up 7.04 per cent from $5.10bn a year earlier, while imports climbed 13.03 per cent to $12.58bn. As a result, the cumulative deficit for the first two months of FY27 reached $7.12bn, an 18.11 per cent increase over the $6.03bn recorded in the same period of FY26.