Pakistan's trade deficit narrowed by 14.1% year-on-year to PKR 0.46 billion in February of 2023, from PKR 0.53 billion in the corresponding month of the previous year. Imports rose by 4.3% to PKR 1.1 billion, while exports grew by 23.9% to PKR 0.62 billion. source: Pakistan Bureau of Statistics

Balance of Trade in Pakistan averaged -67594.23 PKR Million from 1957 until 2023, reaching an all time high of 6457.00 PKR Million in June of 2003 and a record low of -1013894.00 PKR Million in June of 2022. 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 March of 2023.

Balance of Trade in Pakistan is expected to be -440000.00 PKR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Pakistan Balance of Trade is projected to trend around -650000.00 PKR Million in 2024 and -1000000.00 PKR Million in 2025, according to our econometric models.

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Pakistan Balance of Trade

Calendar GMT Actual Previous Consensus TEForecast
2023-02-06 07:00 AM Jan PKR-622.2B PKR-638.5B PKR-640.0B
2023-03-06 07:30 AM Feb PKR-455.4B PKR-616.1B PKR-615.0B
2023-04-06 10:00 AM Mar PKR-455.4B PKR -440B

Related Last Previous Unit Reference
Balance of Trade -455370.00 -622170.00 PKR Million Feb 2023
Imports 1071465.00 1142339.00 PKR Million Feb 2023
Exports 616095.00 520169.00 PKR Million Feb 2023

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.
Actual Previous Highest Lowest Dates Unit Frequency
-455370.00 -622170.00 6457.00 -1013894.00 1957 - 2023 PKR Million Monthly