Pakistan’s exports of goods and services to the United States increased slightly during the first nine months of the current fiscal year, supported by steady demand despite pressure on overall external trade performance. According to official data, exports to the US reached $4.634 billion in July-March FY26 compared to $4.543 billion in the same period last year.
However, on a monthly basis, exports showed mixed movement as shipments to the United States fell by 10.27 percent in March 2026 compared to the same month last year. In contrast, exports recorded a small monthly recovery of 2.26 percent when compared with February 2026, reflecting short-term fluctuations in trade flows.
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Meanwhile, Pakistan’s overall exports to global markets declined by 5.81 percent during July-March FY26, dropping from $24.701 billion to $23.265 billion. This broader decline highlights continuing challenges for exporters despite relatively stable performance in key markets like the United States.
On the import side, Pakistan recorded a significant rise in purchases from the United States, which increased by 23.66 percent during the first nine months of FY26. Imports from the US rose to $2.132 billion compared to $1.724 billion in the same period of the previous fiscal year, indicating stronger demand for American goods.
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However, monthly data showed volatility as imports from the US declined by 4.16 percent in March 2026 year-on-year and dropped sharply by 25.59 percent compared to February 2026. Overall imports into Pakistan still increased by 6.85 percent during the July-March period, reaching $46.793 billion.
Trade analysts suggest that the widening import trend alongside fluctuating exports may continue to pressure Pakistan’s external account balance. As global demand shifts, policymakers are closely monitoring trade patterns to support export growth and manage rising import dependency more effectively.