Pakistan’s trade deficit narrows 20% to $1.68bn in AugustÂ
Trade deficit for the July-August FY25 stood at $3.58 billion
Pakistan’s trade deficit with neighbouring countries surges 68% in July
Exports see modest growth, but soaring imports widen trade gap to over $1 billion
Pakistan imports $1.62bn in goods from India despite tense relationsÂ
Imports primarily consist of pharmaceutical raw materials necessary for manufacturing life-saving drugs
SBP asked to consult banks and exporters on trade transaction mechanism with Russia
Ministries instructed to prepare roadmaps ahead of an upcoming high-level visit to Moscow
Pakistan aims to elevate trade with Turkiye to $5 billion
PM directs enhanced facilities for Turkish investors to boost bilateral trade
Russia-China barter trading may begin this autumn: report
Barter trade will allow Moscow and Beijing to circumvent payment issues, currency risks and Western monitoring of bilateral transactions
Pakistan’s exports rise by 11.8%, trade deficit widens by 19.7% in July
PBS data shows exports decline by 9.77% MoM; imports grow by 15% to $4.25 billion in the first month of FY 2024-25
Textile exports see slight growth in FY24 amid tough fiscal measures
Textile and clothing exports increased by 0.93% YOY to $16.55 billion by the end of FY2023-24; declined by 3.91% MoM to $1.41 billion in June 2024
Pakistan exceeds export target with $30.64 billion in FY24
Trade deficit narrows by 12.36%; imports down 0.84%; exports rise 10.54% in July-June FY2023-24
Govt considers 2.5% income tax on entire trading chain
Proposal targets non-filers from manufacturers to retailers to boost tax revenue
IMF forecasts Pakistan’s trade deficit to reach $27bn next fiscal year
Global lender predicts the country’s imports to be $60.48 billion while exports are estimated to be $32.56 billionÂ
Pakistan’s exports to seven regional countries increase by 20% in 10MFY24
Exports to Afghanistan, China, Bangladesh, Sri Lanka, India, Nepal, and the Maldives accounted for $3.655 billion while imports recorded $10.925 billionÂ
Import bill surges to $17.9bn in H2FY24, reflecting eased restrictions
Following IMF directives, Pakistan's SBP eases import restrictions, causing a noticeable rise in import bills
Pakistan, Turkiye agree to increase bilateral trade to $5bn
Dar highlights strong defense ties and mutual support in regional conflicts at joint press conference with Turkish FM
FTA under review to enhance Pakistan’s export footprints in China
The review aims to enhance trade agreement's benefits for Pakistan, focusing on expanding export opportunities to China through increased tariff concessions and extended product coverage