According to the latest economic data from the State Bank of Pakistan, there was a significant increase in the country’s imports during October 2025, which has increased pressure on the country’s overall external payments. According to the report, imports in October were $5.27 billion while exports remained at $2.74 billion.
The state bank says that the total deficit of trade, services and income increased to $3.65 billion in October this year, which is a significant increase compared to $2.82 billion in October 2024 last year. Thus, this deficit has increased by more than 29 percent on an annual basis.
According to the report, the current account deficit in the first 4 months of the current fiscal year was $733 million, which shows a 255 percent increase compared to $206 million in the same period of the previous fiscal year.
According to the data, during these four months, the country’s imports were $20.72 billion, while exports were $10.63 billion. During the same period, the trade deficit was $10.09 billion, and the total trade, services and income deficit was $14.34 billion. Workers’ remittances were recorded at $12.95 billion during this period.
The State Bank says the IT sector has shown stability, and IT exports in October rose 5.5 percent to $386 million, while IT exports in four months rose 19.6 percent to $1.44 billion.
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