Overview
- PBS data show four-month imports rose to $23 billion, up 15% from a year earlier, while exports slipped to $10.5 billion, down 4%.
- October exports totaled $2.8 billion, marking a third consecutive monthly decline on a year-on-year basis.
- The October trade deficit reached $3.20 billion, up 56% from a year earlier but 4.2% narrower than in September.
- The Federal Board of Revenue reported a 43% jump in first‑quarter imports of non‑dutiable goods compared with last year.
- Prime Minister Shehbaz Sharif created eight working groups to address the export slump and tax and energy distortions as analysts warn of pressure on the external account.