Pakistan’s trade with ASEAN reached $11.5 billion in 2024, but the deficit continues to grow in 2025. Exports totalled $3.5 billion, while imports surged to $8 billion. Officials say trade remains concentrated in Indonesia, Malaysia, Thailand, Vietnam, and the Philippines.
To reduce the gap, Pakistan is pursuing trade deals, including an FTA with Malaysia and a PTA with Indonesia. Talks are ongoing with Thailand and Vietnam. Officials are also promoting technology transfer, value addition, and ASEAN investment in Special Economic Zones under CPEC.
Read more: ASEAN-Pak trade $11.5 billion trade volume below its potential
Pakistan’s geographic position allows it to connect ASEAN with Central Asia, Western China, the Middle East, and the Indian Ocean. Regulatory and infrastructure improvements aim to make Pakistan a competitive base for ASEAN firms.
Exports continue to be dominated by textiles, accounting for 68%, including suits and sweaters, along with rice, seafood, leather, house linens, cotton, and agricultural products. Indonesia, Malaysia, and the Philippines recorded the fastest import growth from Pakistan in 2025.
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Officials say trade growth is supported by bilateral agreements, diversification efforts, and improvements in connectivity. Sectors like IT, textiles, and food processing are helping Pakistan expand exports and strengthen economic ties with ASEAN.