Exports up by 4.67pc to $32.10b in FY2024-25
ISLAMABAD: The exports from the country increased by 4.67 percent during the fiscal year 2024- 25 as compared to previous year, Pakistan Bureau of Statistics (PBS) reported on Wednesday. Exports during July-June (2024-25) were recorded at $32.106 billion against $30.675 billion during July-June (2023-24), according to latest PBS data. On the other hand, imports into the country also went up by 6.57 percent by growing from $54.779 billion last year to $58.380 billion during the fiscal year 2024-25.
Based on the figures, the trade deficit during the period under review was recorded at $26.274 billion against the deficit of $24.104 billion last year, showing an increase of 9 percent.
Meanwhile, on year-on-year basis, the exports in June 2025 decreased by 0.59 percent to $2.543 billion from $2.558 billion in June 2024.
On the other hand, the imports also declined by 1.97 percent by falling from $4.964 billion last year to $4.866 billion in FY2024-25, according to PBS data.
On a month-on-month basis, the exports from the country came down by 4.79 percent when compared to the exports of $2.671 billion during May 2025. The imports witnessed a decrease of 7.08 percent when compared to the imports of $5.237 billion in May 2025, PBS reported.
AGRICULTURAL, OTHER CHEMICALS IMPORTS GREW BY 3.35PC IN 11 MONTHS
Agriculture and other chemicals group imports into the country during the 11 months of the financial year ending on June 30, 2025, increased by 3.45 percent as compared to the imports of the corresponding period of the last year.
During the period from July-May 2024- 25, agricultural and other chemicals worth $8.108 billion were imported as compared to the imports of $7.873 billion of the same period of the last year.
Over 1.850 million metric tons of plastic materials valued at $2.278 billion were imported as compared to the imports of 1.702 million tons worth of $2.080 billion of the same period of the last year, according to the data of the Pakistan Bureau of Statistics.
However, during the period under review, the imports of fertilizers into the country decreased by 13.68 percent as 929,714 metric tons of fertilizers worth of $576.025 million were imported as compared to the imports of 1.320 million metric tons valued at $667.436 million of the same period of the last year.
Meanwhile, the imports of insecticides went down by 22.05 per cent during the period under review as 30,288 metric tons of the above-mentioned commodity valued at $142.112 million were imported as compared to the imports of 34,875 metric tons worth of $182.314 million of the same period of the last year.
