Pakistan’s trade deficit widened by 18.1% year-on-year to $7.12 billion during the first two months (July-August) of fiscal year 2026-27, according to data released by the Pakistan Bureau of Statistics (PBS) on Thursday. According to the data, the trade gap stood at $6.03 billion in the corresponding period of the previous fiscal year. The increase was driven by a faster growth in imports, which rose 13% YoY to $12.58 billion during 2MFY27, compared with $11.13 billion in the same period last year. Meanwhile, the country’s exports increased 7% YoY to $5.46 billion from $5.10 billion. On a monthly basis, Pakistan’s trade deficit narrowed 19.7% in August 2026 to $3.17 billion from $3.95 billion in July. Imports fell 17.7% MoM to $5.68 billion in August as compared to $6.89 billion in July, while exports declined 15% to $2.51 billion, compared to $2.95 billion in July. Jul trade deficit widens 25.17pc to USD3.94bn YoY Despite the monthly contraction, the August trade deficit was 10.4% higher year-on-year than the $2.87 billion recorded in August 2025. Exports in August rose 3.8% YoY from $2.42 billion in the same period last year, while imports increased 7.4% from $5.29 billion in Aug
