Overview

• State Bank of Pakistan data show goods exports of $2.51 billion versus imports of $4.98 billion in August, yielding a $2.48 billion goods deficit.
• Services exports reached $671 million while services imports were $1.108 billion, leaving a $437 million services shortfall despite stronger IT and business services.
• Workers’ remittances totaled about $3.1 billion in August, offering crucial support that could not fully offset trade and income outflows.
• The primary income deficit increased to $680 million in August on higher profit repatriation, dividends, and interest payments.
• Pakistan’s financial account recorded a $245 million deficit in August with net FDI outflows of $142 million, and analysts warn the widening gap could pressure reserves and the exchange rate.