Bilateral trade between Pakistan and Indonesia reached a record $4.7 billion in the fiscal year 2024–25, showing a 40% growth from $3.36 billion in FY2023. This sharp increase highlights strengthening economic ties between the two nations. Both countries are currently in advanced negotiations for a Free Trade Agreement (FTA) aimed at expanding market access and […]
fiscal year 2024–25
Pakistan’s transport exports near $1 billion in FY25
Pakistan earned $981.475 million from transport services exports in FY2024-25, marking a 27.9% rise over the previous year. The Pakistan Bureau of Statistics (PBS) reported this growth compared to $767.399 million earned last fiscal year. This performance reflects increased global demand for Pakistan’s logistics and transport services. Stronger trade routes and improved connectivity have supported […]
Poverty fuels Pakistan’s $511M used clothes market
Pakistan’s second-hand clothing imports surged to $511 million in fiscal year 2024-25. This marks a sharp rise from $434 million last year. The increase reflects growing demand for affordable clothing amid rising poverty. Many consumers cannot afford new or branded apparel. Instead, they turn to used clothes sold in landa bazaars and flea markets. The […]
Record $8.14bn food import bill alarms Pakistan
Pakistan’s food import bill soared to an all-time high of $8.14 billion in the fiscal year 2024-25, marking a 3% increase from the previous year’s $7.90 billion. The surge was mainly driven by higher imports of palm oil, soybean oil, pulses, and dried fruits, according to official data. This rising import dependency comes despite global […]
Pakistan’s tobacco exports soar over 150% in FY25
Pakistan’s tobacco exports saw a remarkable increase of 158.31% during the fiscal year 2024-25, reaching $166.5 million compared to $64.5 million the previous year, official data shows. This sharp rise reflects strong global demand for Pakistani tobacco products. In volume terms, tobacco exports grew by 140.18%, rising from 43,520 metric tons in FY24 to 104,282 […]
Pakistan-Afghan trade booms with 39% surge in exports
Pakistan’s exports to Afghanistan saw a major boost in fiscal year 2024-25, growing by 38.68%. According to the State Bank of Pakistan, exports reached $773.89 million, compared to $558.03 million in the previous year. This rise highlights growing trade ties between the two countries. Pakistan continues to expand its regional trade amid efforts to stabilize […]
Pakistan’s mobile phone imports decline 21% in FY 2024-25
Pakistan’s mobile phone imports dropped by 21.31% during the fiscal year 2024-25. The country imported phones worth $1.494 billion. This is down from $1.898 billion in the previous fiscal year. The Pakistan Bureau of Statistics (PBS) released the data. This sharp decline reflects changing market conditions and possibly increased local production or demand shifts. In […]
Pakistan’s exports hit $32.10 billion in FY2024-25
Pakistan’s total exports reached $32.10 billion in the fiscal year 2024–25, showing a 4.67% increase compared to the previous year, according to a report by the Trade Development Authority of Pakistan (TDAP). The growth reflects improvement in both goods and services exports, despite some regional challenges and trade fluctuations. The report revealed that Pakistan’s service […]
US tops Pakistan’s exports in FY25
The United States remained Pakistan’s top export destination in fiscal year 2024–25, with exports surging to $6.028 billion, marking a 10.7% increase over the previous year’s figure of $5.444 billion. This rise reflects strong US demand for Pakistani textiles, rice, and other key export items, according to the State Bank of Pakistan. China ranked second with exports […]
Pakistan’s trade deficit rises 29% to $12.3B
Pakistan’s trade deficit with nine neighboring countries rose sharply by 29.42% in the fiscal year 2024–25. It reached $12.297 billion, up from $9.502 billion the previous year. This happened despite notable export growth to Afghanistan, Bangladesh, and Sri Lanka. However, rising imports—mainly from China, India, and Bangladesh—widened the overall trade gap. Exports to these neighbors […]