Pakistan’s trade deficit reaches $14.63bn in July-October

Pakistan’s trade deficit widened to $14.63 billion during July-October, the first four months of FY27, from $12.61 billion in the same period of FY26, as imports expanded faster than exports, Pakistan Bureau of Statistics data released on Friday showed.

Imports totalled $25.96 billion, up from $23.06 billion a year earlier, while exports rose to $11.34 billion from $10.45 billion. The cumulative deficit increased 15.97% year on year.

In October, the deficit reached $3.88 billion, compared with $3.24 billion in October 2025 and $3.52 billion in September 2026. The year-on-year increase was 19.70%, while the month-on-month rise was 10.30%.

October imports rose to $6.81 billion from $6.09 billion a year earlier and $6.44 billion in September. Exports were $2.93 billion, compared with $2.85 billion a year earlier and $2.92 billion in September. On month, imports rose 5.72% and exports 0.21%; year on year, imports increased 11.81% and exports 2.84%.

Petroleum products, machinery, chemicals and essential commodities are among Pakistan’s import requirements. Traditional export products include textiles, rice and leather.