Pakistan’s trade gap expanded sharply in April despite an increase in exports, as import growth far outpaced outbound shipments.
According to Beyond Time News, exports rose 9.5% month-on-month to $2.479 billion in April 2026. On an annual basis, exports were also up 14% compared to the same month last year.
However, imports surged 28.41% to $6.553 billion, driving the trade deficit up 43.5% to $4.074 billion in April.
Fiscal Year Trend Shows Rising Pressure
During the first 10 months of the current fiscal year, exports declined 6.25%, while imports increased 6.94%. This pushed the cumulative trade deficit up 20.28% to $31.988 billion.
From July to April, exports totaled $25.210 billion against imports of $57.198 billion, highlighting a persistent external imbalance.
Pakistan Focuses on Value-Added Exports to Boost Trade with China
Foreign Reserves Improve Slightly
In a positive development, State Bank of Pakistan (SBP) reserves rose by $730 million to $15.83 billion in the week ending April 24, 2026.
Total liquid foreign reserves stood at $21.27 billion, showing some stability despite widening trade pressures.
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