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Overview:
Pakistan’s trade performance reflects both resilience and challenges. In FY2024–25, the country recorded exports of $32.1 billion, slightly below the $32.3 billion target, while imports surged, widening the trade deficit to $26.2 billion.
Key Export Sectors:
- Textiles & Apparel: $18.4 billion, contributing 60% of exports.
- Rice: $3.6 billion (5.6 million tonnes shipped).
- Leather: $3 billion.
- Sports Goods: $1.5 billion.
- Surgical Instruments: $654 million.
Top Markets:
- United States: $4 billion.
- Germany: $1.9 billion.
- United Kingdom: $1.74 billion.
Key Insights:
- Despite challenges like rising freight costs and currency fluctuations, Pakistan’s exports continue to grow steadily.
- Import dependence on petroleum, machinery, and raw materials keeps the trade balance under pressure.
- Efficient shipping and customs clearance remain critical to sustaining export momentum.
