Tuesday, May 5, 2026

Pakistan Records Highest Trade Deficit in Nearly 4 Years

Pakistan’s trade deficit reached a high level of $4 billion in April 2026, marking the highest monthly gap in nearly four years. This means the country spent much more on imports than it earned from exports, increasing pressure on its overall economic position.

According to data shared by the Pakistan Bureau of Statistics, the trade deficit grew by 4% compared to the same month last year. It also showed a sharp increase of 44% when compared to the previous quarter, indicating a rapid rise in the imbalance.

Looking at the broader period from July to April in the fiscal year 2026, the total trade gap expanded by 20%, reaching around $32 billion. During this time, imports increased by nearly 7%, totaling $57.2 billion.

On the other hand, exports declined by more than 6%, falling to $25.2 billion. This difference shows that Pakistan is still heavily dependent on buying goods from other countries while struggling to increase its exports.

In April alone, exports showed some improvement, rising by 14% compared to last year and reaching $2.48 billion. However, imports also increased to $6.55 billion, growing by 7.5%. Despite the rise in exports, the higher import bill continued to widen the gap.

The data highlights ongoing challenges in managing the country’s balance of payments. Economists believe that controlling imports and boosting exports will be important steps to reduce the deficit and improve economic stability in the coming months.

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