Pakistan trade data: Exports miss target for FY25; deficit widens on surging imports

Pakistan’s exports fell short of the annual target for fiscal year 2024-25, reaching $32.106 billion against a $32.341 billion goal, despite a modest 4.67% increase. Imports exceeded projections, widening the trade deficit to $26.274 billion. New challenges, including India’s ban on Pakistani goods and increased shipping costs, strain Pakistan’s trade sector.