Pakistan’s exports recorded an increase in May 2026 on an annual basis, while imports and the trade deficit declined.
According to data released by the national statistics authority, exports stood at $2.705 billion in May 2026, compared to $2.671 billion in May last year, reflecting an increase of 1.3 percent. On a monthly basis, exports rose by 10 percent compared to April.
The report stated that exports generated $2.468 billion in foreign exchange earnings in April, which increased to $2.705 billion in May.
According to the statistics, $5.287 billion was spent on imports in May 2026, down 21 percent from $6.731 billion in April and 6.6 percent lower than the $5.662 billion recorded in May last year.
The statistics authority said the trade deficit stood at $2.582 billion in May, down 39 percent from $4.263 billion in April and 14 percent lower than the $2.991 billion recorded in May last year.
During the first 11 months of the current fiscal year, total exports amounted to $27.90 billion, compared to $29.56 billion during the same period of the previous fiscal year, marking a decline of 6 percent.
The report added that imports during the first 11 months of the current fiscal year totaled $62.66 billion, compared to $59.14 billion in the corresponding period last year, an increase of 6 percent.
According to the data, the trade deficit during the first 11 months of the fiscal year reached $34.75 billion, compared to $29.58 billion in the same period of the previous fiscal year, reflecting an increase of 17 percent.
The latest trade figures reveal an improvement in external trade performance during the month of May, although cumulative data for the first 11 months of the fiscal year still shows lower exports, higher imports, and a wider trade deficit compared to the same period last year.
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