Fatman17
Moderator
Pakistan Exports / Imports - Updates
- Thread starter ghazi52
- Start date
Watandar
Trusted Member
Cannot live without chai. Since coming to Amreeka I am now also a coffee addict.
ghazi52
THINK TANK: CONSULTANT
- Thread starter
- #258
According to data from the State Bank of Pakistan, exports of telecommunications, computer, and information services soared 21.14pc to $3.811bn in July-April FY26 from $3.146bn in the corresponding months of last year.
The export of other business services rose 25.41pc to $1.762bn in 10MFY26 from $1.405bn a year ago. However, export of transport services fell 6.88pc to $798m from $857m.
However, the export of travel services surged 39.52pc to $872m in 10MFY26 from $625m.
At the same time, the import of services rose by 8.56pc to $10.310bn in 10MFY26 as against $9.497bn over the corresponding months of last year.
In April, service imports contracted 2.82pc to $888.92m, down from $914.74m in the same month last year.
The largest share of service imports during the first 10 months of FY26 was attributed to the transport sector, with its value rising to $4.206bn from $3.945bn in the corresponding period last year, reflecting growth of 6.62pc.
The second-highest share came from travel services, which surged to $2.665bn during the months under review, compared to $2.082bn in the same period of the previous year — marking a significant increase of 28pc.
The trade deficit in services decelerated by 17.38pc to $2.04bn in 10MFY26, down from $2.47bn in the corresponding period last year.
The export of other business services rose 25.41pc to $1.762bn in 10MFY26 from $1.405bn a year ago. However, export of transport services fell 6.88pc to $798m from $857m.
However, the export of travel services surged 39.52pc to $872m in 10MFY26 from $625m.
At the same time, the import of services rose by 8.56pc to $10.310bn in 10MFY26 as against $9.497bn over the corresponding months of last year.
In April, service imports contracted 2.82pc to $888.92m, down from $914.74m in the same month last year.
The largest share of service imports during the first 10 months of FY26 was attributed to the transport sector, with its value rising to $4.206bn from $3.945bn in the corresponding period last year, reflecting growth of 6.62pc.
The second-highest share came from travel services, which surged to $2.665bn during the months under review, compared to $2.082bn in the same period of the previous year — marking a significant increase of 28pc.
The trade deficit in services decelerated by 17.38pc to $2.04bn in 10MFY26, down from $2.47bn in the corresponding period last year.
Fatman17
Moderator
Pakistan's Edible Oil Import Bill May Hit $6 Billion This Year
Pakistan's edible oil import bill is projected to reach around US$ 6 billion during FY2026. According to the Economic Survey 2025-26, edible oil remains
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Fatman17
Moderator
Pakistan is losing hundreds of millions of dollars in export revenue every month, not because of foreign tariff wars or global trade conflicts, but because of the uncertainty generated by its own policymaking machinery, according to a new study released by economists Azam Chaudhry and Gul Andaman of the Lahore School of Economics.
For more: https://tribune.com.pk/story/2613364/1
#etribune #News #Latest #business
Fatman17
Moderator
Plan submitted to reduce Pakistan's reliance on edible oil imports
Pakistan Oilseed Department has submitted a comprehensive plan to boost indigenous oilseed cultivation and increase local edible oil output through import
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Fatman17
Moderator
Pakistan targets $700m halal meat exports by 2028
Pakistan is set to accelerate its halal meat export ambitions under a broad transformation plan aimed at strengthening the livestock sector and expanding
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Fatman17
Moderator
Exports stay largely flat in 5 years: Aurangzeb
ISLAMABAD: Finance Minister Muhammad Aurangzeb on Monday acknowledged that Pakistan’s exports have remained largely...
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Mouthpiece admits
Pakistani Dragon
Elite Member
Huge relief. I hope this will help you sleep better at night.Exports stay largely flat in 5 years: Aurangzeb
ISLAMABAD: Finance Minister Muhammad Aurangzeb on Monday acknowledged that Pakistan’s exports have remained largely...share.google
Mouthpiece admits
Pakistani Dragon
Elite Member
18/06/2026: Pakistan freelancers generate $1bn in export earnings in 11 months: Business Recorder
Distant_Observer
Trusted Member
Exports stay largely flat in 5 years: Aurangzeb
ISLAMABAD: Finance Minister Muhammad Aurangzeb on Monday acknowledged that Pakistan’s exports have remained largely...share.google
Mouthpiece admits
Even with a vast amount of cheap labour, incredible. They are simply unable to make quality products consistently at a good price.
China and India must hoover up all the trade.
ghazi52
THINK TANK: CONSULTANT
- Thread starter
- #268
‘Pakistan imports about USD800m worth of US cotton’
June 20, 2026By Zulfiqar Ahmad
B Recorder
ISLAMABAD: The textile sector remains a central component of trade between Pakistan and the United States, with Pakistani exports of apparel to the US averaging more than USD4 billion annually over the past five years, the US Chargé d’Affaires said on Friday.
Speaking at an “Arts Entrepreneurship Showcase”, US Chargé d’Affaires Natalie Baker said the two countries’ textile industries are closely linked, with much of Pakistan’s apparel production relying on American cotton.
She said Pakistan imports about USD800 million worth of US cotton and other raw materials each year, making the US the country’s second-largest cotton supplier.
“These supply chains stretch from American farms to Pakistani factories and ultimately to retail shelves around the world,” she said.
She also noted Pakistan’s role as a major producer of denim fabric and garments, saying many jeans sold in US stores are manufactured in Pakistan.
ghazi52
THINK TANK: CONSULTANT
- Thread starter
- #269
“Just look at a pair of Levi’s jeans for a powerful reminder that the US-Pakistan relationship is woven into the everyday lives of people in both countries,” US Chargé d’Affaires Natalie Baker added.
She also highlighted broader US support for creative industries, describing them as a source of economic opportunity and entrepreneurship.
“The US has long believed in the power of creative industries to fuel progress and economic growth,” she said. “It has been part of our national identity since 1776.”
She added that American success in arts and design is driven by a culture that encourages experimentation and entrepreneurship.
She also highlighted broader US support for creative industries, describing them as a source of economic opportunity and entrepreneurship.
“The US has long believed in the power of creative industries to fuel progress and economic growth,” she said. “It has been part of our national identity since 1776.”
She added that American success in arts and design is driven by a culture that encourages experimentation and entrepreneurship.
Fatman17
Moderator
EDITORIAL: Another budget cycle is behind us. The government has had no difficulty in securing parliamentary approval for the new budget. Sadly, few parliamentarians are known to scrutinise the document; even fewer have something to say about the merits and demerits of its contents.
The IMF is happy because the document is within the limits of the boundaries it has set under its stabilisation programme.
As stated by Finance Minister Muhammad Aurangzeb, the budget will hopefully deliver growth, no matter how modest, without destabilising the Fund programme or the economy. If regional uncertainty ends and energy supplies and prices become steady, growth may even slightly exceed expectations, which would give the government something to flaunt ahead of the next elections. Whether it would impress the electorate is another matter.
Read more: https://www.dawn.com/news/2010906/after-the-budget
