Pakistan’s Trade Deficit Widens by 37.17% in July–November Period

Islamabad: Pakistan’s trade deficit surged by 37.17% during the first five months (July–November) of the fiscal year 2025–26, driven by an increase in imports alongside a decline in exports, according to the Pakistan Bureau of Statistics (PBS).

The trade deficit reached **$15.469 billion** during the period, reflecting significant pressure on the country’s external sector.

PBS data shows that **imports rose by 13.26%** to **$28.313 billion** between July and November. In November alone, imports amounted to **$5.253 billion**.

Meanwhile, **exports fell by 6.39%** to **$12.844 billion** during the same period. On a yearly basis, exports in November dropped **15.35%**, while on a monthly basis, they decreased **15.80%**, bringing total exports for the month to **$2.398 billion**.

The monthly trade deficit for November, however, recorded an improvement, narrowing **11.86%** compared to October to reach **$2.855 billion**, despite the overall upward annual trend.