{"id":103541,"date":"2025-05-03T13:20:08","date_gmt":"2025-05-03T08:20:08","guid":{"rendered":"https:\/\/nationaltimes.pk\/eng\/?p=103541"},"modified":"2025-05-03T13:20:08","modified_gmt":"2025-05-03T08:20:08","slug":"pakistans-goods-exports-reach-26-86bn-after-over-6-surge","status":"publish","type":"post","link":"https:\/\/nationaltimes.pk\/eng\/2025\/103541\/","title":{"rendered":"Pakistan&#8217;s goods exports reach $26.86bn after over 6% surge"},"content":{"rendered":"\n<p>Pakistan(National Times)- ISLAMABAD: Amid the government&#8217;s ongoing efforts to stabilise the economic indicators, the country&#8217;s goods exports rose 6.25%year-on-year to $26.86 billion in the first 10 months of fiscal year 2024-25,\u00a0<em>The News<\/em>\u00a0reported on Saturday. However, the figures released by the Pakistan Bureau of Statistics (PBS) have revealed a sharp downturn, with April exports falling 8.93% from a year earlier and 19 per cent from the previous month. Meanwhile, imports during the July-April period rose 7.37% to $48.2 billion, driven by higher demand for machinery, fuel, and raw materials. As a result, the trade deficit widened by 8.8% to $21.35 billion, deepening pressure on the country\u2019s already fragile external account. In April 2025 alone, imports surged 14.1% year-on-year to $5.53 billion, while exports dropped by 8.9% to $2.14 billion. The monthly trade deficit rose 35.8% to $3.39 billion, compared with $2.5 billion in April last year. According to brokerage house Topline Securities, the deficit in April 2025 is the highest monthly trade deficit in three years. On a month-over-month basis, the trade deficit surged 55% compared to a deficit of $2.18 billion reported in March 2025. Exports declined 19% from March, while imports up 14.5%. PBS data also showed that services exports grew 9.7% year-on-year to $6.24 billion during the first nine months of FY25, while services imports climbed 8.74% to $8.55 billion. This resulted in a 6.27% expansion in the services trade deficit, which reached $2.31 billion. In March 2025, services exports climbed 4.9% to $743.3 million, while imports spiked 6.9% to $970.1 million against the same month of last year. Despite the worsening trade balance, Pakistan\u2019s external account remains resilient, thanks to strong remittance inflows. The country posted a record monthly current account surplus of $1.2 billion in March 2025, powered by all-time high remittances of $4.1 billion. Finance Minister Muhammad Aurangzeb said the current account is expected to stay in surplus throughout the fiscal year. In March 2025, the country recorded its highest-ever monthly current account surplus of $1.2 billion. This was driven by an unprecedented surge in workers\u2019 remittances, which reached an all-time high of $4.1 billion during the month.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pakistan(National Times)- ISLAMABAD: Amid the government&#8217;s ongoing efforts to stabilise the economic indicators, the country&#8217;s goods exports rose 6.25%year-on-year to $26.86 billion in the first 10 months of fiscal year 2024-25,\u00a0The News\u00a0reported on Saturday. However, the figures released by the Pakistan Bureau of Statistics (PBS) have revealed a sharp downturn, with April exports falling 8.93% [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":103542,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-103541","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Pakistan&#039;s goods exports reach $26.86bn after over 6% surge - Nation<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationaltimes.pk\/eng\/2025\/103541\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pakistan&#039;s goods exports reach $26.86bn after over 6% surge - Nation\" \/>\n<meta property=\"og:description\" content=\"Pakistan(National Times)- ISLAMABAD: Amid the government&#8217;s ongoing efforts to stabilise the economic indicators, the country&#8217;s goods exports rose 6.25%year-on-year to $26.86 billion in the first 10 months of fiscal year 2024-25,\u00a0The News\u00a0reported on Saturday. 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