Pakistan’s Trade Deficit with Neighboring Countries Jumps 43% in FY25

Pakistan’s Trade Deficit with Neighboring Countries Jumps 43% in FY25

ISLAMABAD: Pakistan’s trade imbalance with its nine neighboring nations has seen a notable escalation, skyrocketing by 43.22% to $5.328 billion in​ the first ⁣half of the ‌current fiscal year (FY25). This marks a sharp rise from the $3.72 billion deficit recorded during the same period last year.

The primary driver behind this⁤ widening gap is the ​surge in imports ⁢from key regional players⁣ like China, India, and ‍Bangladesh. Notably, China dominated this trend, with Pakistan’s imports from the country climbing substantially. However, exports to China witnessed a decline, further exacerbating the trade deficit.

Leave a Replay