Overview
- Exports in December fell 20% year on year to $2.32 billion while imports ticked up to $6.02 billion, lifting the monthly deficit to $3.7 billion.
- Compared with November, the December shortfall widened by more than 28% on lower shipments and rising import bills.
- For July–December FY26, exports declined about 9% to $15.18 billion as imports rose roughly 11% to $34.39 billion, taking the six‑month gap to around $19.2 billion.
- PBS data indicate the half‑year deficit is close to two‑thirds of the full‑year official target, highlighting persistent pressure on the external sector.
- Pakistan logged a $812 million current account deficit in the first five months versus a $503 million surplus a year earlier, and officials and economists urge export support and curbs on non‑essential imports.