Islamabad: Pakistan’s trade with Italy recorded a significant improvement during the first ten months of the fiscal year 2025–26, with the overall trade surplus increasing by 18.41 percent compared to the same period last year.
According to Beyond Time News, the improvement was driven by a combination of higher exports and a notable decline in imports from Italy, reflecting a more favourable trade balance.
Trade Surplus Rises to $555 Million
During July–April FY26, Pakistan’s trade surplus with Italy reached $555.142 million, up from $468.828 million in the corresponding period last year.
This marks a steady improvement in bilateral trade performance between the two countries.
Exports Show Moderate Growth
Pakistan’s total exports to Italy stood at $969.435 million, compared to $936.456 million last year, reflecting a 3.52 percent increase.
However, on a year-on-year basis, exports in April 2026 fell slightly to $89.304 million, down from $92.284 million in the same month last year.
On a month-on-month basis, exports showed a marginal increase compared to March 2026.
Imports from Italy Decline Sharply
Imports from Italy dropped significantly during the review period, falling to $414.293 million from $467.628 million last year—a decline of 11.40 percent.
In April 2026, imports also decreased both year-on-year and month-on-month, indicating reduced demand for Italian goods in Pakistan during the period.
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Broader Trade Trends
Despite improved performance with Italy, Pakistan’s overall exports to all countries declined by 5.43 percent, falling to $25.824 billion from $27.307 billion.
Meanwhile, total imports rose by 8.49 percent during the same period, highlighting broader pressure on the country’s external trade balance.
FAQs
1. What is Pakistan’s trade surplus with Italy?
$555.142 million in July–April FY26.
2. How much did exports to Italy grow?
Exports increased by 3.52 percent.
3. What happened to imports from Italy?
They fell by 11.40 percent.
4. Did Pakistan’s overall exports increase?
No, overall exports declined by 5.43 percent.
5. What does this trend indicate?
Improved trade balance with Italy despite broader export pressures.
