Pakistan-India trade continues despite conflict, with imports hitting a 3-year high

Imports from India reached $211.5 million in 11 months of FY25, and exports remained minimal

Pakistan, US reach trade deal framework ahead of Trump’s July 9 deadline

Deal, aims to preserve Pakistan’s access to US market and boost exports, could increase imports of US goods and attract investment in sectors like mining and energy

Pakistan, US in final trade talks to close tariff deal ahead of July 9 deadline

A Pakistani delegation is in Washington aiming to prevent the reimposition of a 29% US tariff on textiles and agricultural exports

Pakistan’s export decline continues for third month, trade deficit rises to $26.27 billion in FY25

Exports increase by 4.67% to $32.106 billion, while imports grow by 6.57% to $58.38 billion in FY25

Govt retains regulatory duties on imports of over 300 tariff lines

Duty increases on seafood, fruits, and industrial inputs expected to generate Rs20 billion in revenue, reversing earlier tariff reduction plans, which aimed for 50% reduction in 5 years

US leads as top export destination for Pakistani products worth $5.55 billion in 11 months

Exports to US rise 11.06%, while exports to China and UK decline slightly in FY25

Pakistan’s trade deficit with neighboring states widens by 33% to $11.17 billion in FY25

Exports to China fall 11.18% to $2.27 billion, while exports to Afghanistan, Bangladesh, and Sri Lanka grow by 41.39%, 21.45%, and 3.02%, respectively

Pakistan’s exports rise by 5.15% to $29.56 billion in 11 months of FY2024-25

May exports recorded $2.672 billion, imports reached $5.273 billion; total imports rise by 7.5% to $53.55 billion in 11 months

Pakistan moves forward with barter trade mechanism for Iran, refining operational issues

Under the proposed mechanism, amendments will be made to the existing SROs, expanding the list of items eligible for barter trade 

Govt to gradually eliminate duties on 7,000 tariff lines in five-year tariff reform plan

Plan aimed at driving export-led growth and revitalizing industrial development in Pakistan

SBP rejects Commerce Ministry’s proposal to waive Financial Instruments for trade with Iran, Afghanistan

Absence of active banking ties with Iran and Afghanistan complicates trade; State Bank proposes operationalising barter trade agreements with both nations as a more secure alternative

Ministry of Commerce expresses doubts over $60 billion export target by 2029: report

Citing domestic and international challenges, the ministry outlines key policy reforms and interventions to boost export potential, but warns of hurdles ahead

Pak-Afghan chamber urges FBR to decentralize customs assessments amid delays

Centralization of goods declarations in Karachi causes clearance delays, impacting upcountry dry ports

Govt mulls 1.5% withholding tax on imports to boost revenues amid tax refund delays: report

Plan aims to curb under-declaration of import values by taxing payments to overseas suppliers through banks, while exporters face pending tax refunds

Govt’s trade liberalisation plan faces pushback from industries ahead of budget announcement: report

Ministry of Industries warns against immediate tariff cuts on finished goods, citing risks to key sectors; proposal to be discussed in the upcoming National Economic Council meeting.