Pakistan recorded a trade deficit of 403393 PKR Million in September of 2020.

Balance of Trade in Pakistan averaged -47275.42 PKR Million from 1957 until 2020, reaching an all time high of 6457 PKR Million in June of 2003 and a record low of -452668 PKR Million in June of 2018. This page provides - Pakistan Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Pakistan Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020. source: Pakistan Bureau of Statistics

Balance of Trade in Pakistan is expected to be -330000.00 PKR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Pakistan to stand at -319200.00 in 12 months time. In the long-term, the Pakistan Balance of Trade is projected to trend around -329000.00 PKR Million in 2021, according to our econometric models.

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Pakistan Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-403393.00 -290464.00 6457.00 -452668.00 1957 - 2020 PKR Million Monthly

Calendar GMT Actual Previous Consensus TEForecast
2020-07-20 10:00 AM Jun PKR-352B PKR-234B PKR -168B
2020-08-17 10:00 AM Jul PKR -274B PKR-350B PKR -250B
2020-09-21 10:00 AM Aug PKR -284B PKR -274B PKR -230B
2020-10-19 10:00 AM Sep PKR -404B PKR -290B PKR -260B
2020-11-16 10:00 AM Oct PKR -404B
2020-12-16 10:00 AM Nov

Pakistan Balance of Trade
Pakistan has been running consistent trade deficit since 2003 mainly due to high imports of energy. Since 2012, China has emerged as Pakistan’s largest trading partner replacing the United States. In recent years, the biggest trade deficits were recorded with China, India, United Arab Emirates, Saudi Arabia, Kuwait and Malaysia. Pakistan records trade surpluses with the United States, Afghanistan, Germany and United Kingdom.