ISLAMABAD – Pakistan’s trade deficit jumped 44% in **July 2025**, as imports outpaced exports, renewing pressure on the country’s external balance. According to **Pakistan Bureau of Statistics (PBS)**, exports rose 16.9% year-on-year to $2.7 billion, while imports surged 29.3% to $5.4 billion. This expanded the trade gap to **$2.75 billion**, up from $1.91 billion last July.
For **FY2024-25**, the overall goods trade deficit grew to **$26.35 billion**, with exports at $32 billion (up 4.5%) and imports at $58.4 billion (up 6.6%). In services, the deficit narrowed 15.8% to **$2.62 billion**, with services exports rising to $8.4 billion and imports at $11 billion. Despite growth in services exports, the widening goods trade gap signals mounting pressure on Pakistan’s fragile external sector.