Pakistan Trade Deficit Expands 33% In November Amid Export Slump

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Pakistan Trade Deficit Expands 33% In November Amid Export Slump

Pakistan Trade data for November 2025 shows a sharp rise in the country’s trade deficit. The gap widened nearly 33% year-on-year to $2.86 billion. This increase was driven by falling exports and rising imports, according to the Pakistan Bureau of Statistics. In November 2024, the trade deficit stood at $2.15 billion.

Exports in November 2025 declined 15.4% to $2.39 billion, compared to $2.83 billion in the same month last year. Imports, meanwhile, rose more than 5% to $5.25 billion from $4.98 billion in November 2024. Analysts said the growing import bill, particularly for petroleum products and machinery, contributed significantly to the widening deficit.

On a month-on-month basis, the trade gap narrowed nearly 12% from $3.24 billion in October 2025. Both exports and imports dropped slightly compared to the previous month. Despite this minor improvement, the overall deficit continues to be a major concern for Pakistan’s economy.

For the first five months of fiscal year 2025-26, Pakistan Trade figures indicate a 37% rise in the trade deficit. The gap increased to $15.47 billion, up from $11.28 billion in the same period last year. During July–November, exports fell over 6% to $12.84 billion, while imports rose 13% to $28.3 billion.

Experts say the current trend highlights structural challenges in Pakistan Trade, including dependence on imported goods and slow export growth. Policymakers are under pressure to strengthen local industries, boost exports, and manage imports to improve the country’s trade balance.

In other related news also read Pakistan Joins Canada in Boosting Canola Trade Links

The widening trade deficit underscores the need for long-term economic reforms. Officials continue to monitor Pakistan Trade closely to ensure stability and reduce external vulnerabilities in the coming months.

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