Pakistan’s merchandise exports fell by 8.93% in April, marking the second monthly decline in the current fiscal year, according to data released by the Pakistan Bureau of Statistics (PBS) on Friday.
Export earnings for April dropped to $2.14 billion, compared to $2.35 billion in the same month last year. On a month-on-month basis, the decline was even steeper, with exports plunging by 19.05%.
Despite the setback in April, cumulative export figures for the first ten months of the fiscal year (July–April FY25) showed a 6.25% increase, reaching $26.86 billion, up from $25.27 billion during the same period last year.
This growth has been supported by a shift in global textile sourcing patterns, with international buyers increasingly turning to Pakistan over traditional suppliers like Bangladesh and China—offering a potential opportunity for Pakistani exporters to gain greater market share.
In the previous fiscal year (FY24), Pakistan’s merchandise exports rose by 10.54%, totaling $30.64 billion compared to $27.72 billion in FY23.
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On the import side, PBS data showed that total imports climbed 7.37% year-on-year in the July–April period of FY25, reaching $48.21 billion from $44.90 billion. For April alone, imports stood at $5.53 billion—an increase of 14.09% compared to $4.85 billion in April last year. Month-on-month, imports rose by 14.52%.