ISLAMABAD, June 20 (Xinhua) -- Pakistan's exports rose over 5 percent during the first 11 months of the current fiscal year 2024-2025, compared to the same period last year, provisional data from the Pakistan Bureau of Statistics (PBS) showed on Friday.
The country's exports totalled 29.564 billion U.S. dollars from July 2024 to May 2025, showing a growth of 5.15 percent, according to figures released by the PBS.
On a year-on-year basis, exports in May 2025 stood at 2.672 billion dollars, down 5.88 percent from 2.839 billion dollars in May 2024. However, on a month-on-month basis, exports rose 22.91 percent compared to April 2025.
Meanwhile, imports during the 11-month period surged 7.5 percent year-on-year to 53.550 billion dollars, up from 49.815 billion dollars in the same period of the previous fiscal year.
Imports in May 2025 reached 5.273 billion dollars, marking a 7.28 percent increase year-on-year but a 5.77 percent decline compared to April 2025.
The trade deficit for the reporting period widened to 23.986 billion dollars, reflecting a continued imbalance between export earnings and import expenditures.
Key export items in May included knitwear, ready-made garments, bedwear, and rice, while major imports comprised petroleum products, liquefied natural gas, palm oil, and electrical machinery. ■