Mubarak Zeb Khan
August 2, 2026
ISLAMABAD: Pakistan’s merchandise exports to North America grew 1.32 per cent to $6.503 billion in FY26 from $6.418bn the last year.
Imports from the region, however, rose 6.52pc to $3.822bn from $3.588bn.
Under the new agreement, Pakistan will import additional goods from the US to balance the trade deficit. As a result of this agreement, imports from the region, especially the US, grew sharply during the year.
However, exports to Canada declined. Imports under the agreement grew by nearly 39pc in FY26, while Pakistan’s exports to the US grew by a paltry 1.55pc.
Trump tariffs reshape trade landscape
The development comes amid policy shifts by US President Donald Trump, who has imposed additional
tariffs while extending limited relief to Pakistan under a reciprocal arrangement.
Under the understanding, Pakistan is expected to increase imports of oil and other commodities from the US to narrow the bilateral trade gap.
The US remained the dominant market, accounting for nearly 94pc of Pakistan’s total exports to North America, with the remaining share going mainly to Canada and other countries.
In FY25, Pakistan’s merchandise exports to North America rose by 9.97pc to $6.415bn, up from $5.833bn in the corresponding period of the previous year, driven mainly by higher textile and clothing shipments to the US, according to data compiled by the State Bank of Pakistan.