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Trade deficit stands at $8.976bn as current account posts $458 million deficit in Oct–Dec quarter

March 04, 2026

By Moaaz Manzoor

Pakistan’s trade deficit stood at $8,976 million during the October–December 2025 quarter, as goods imports continued to outpace exports, according to the Economic Infographics report released by the Institute of Cost and Management Accountants of Pakistan (ICMA).

During the quarter, total goods exports amounted to $7,667 million, while imports were recorded at $15,836 million. The gap between exports and imports resulted in a goods trade deficit of $8,169 million, contributing to the overall trade deficit of $8,976 million for the three months.

Month-wise data shows that in October 2025, exports were recorded at $2,632 million, while imports stood at $5,383 million. In November 2025, exports amounted to $2,277 million, whereas imports were $4,716 million. In December 2025, exports were recorded at $2,758 million and imports at $5,737 million.

The current account recorded a deficit of $458 million during the October–December 2025 quarter. In October 2025, the current account showed a deficit of $291 million. In November 2025, a surplus of $98 million was recorded. However, the account returned to a deficit of $265 million in December 2025.

During the same quarter, workers’ remittances totaled $10,196.9 million. In October 2025, remittances amounted to $3,419.6 million. In November 2025, they stood at $3,188.3 million. In December 2025, remittances increased to $3,589.0 million.

Saudi Arabia was the largest source of remittances during the quarter, contributing $2.40 billion. The United Arab Emirates followed with $2.10 billion, while the United Kingdom contributed $1.54 billion.

The data reflects Pakistan’s external sector performance for the October–December 2025 quarter as compiled in ICMA’s Economic Infographics. All figures are provisional and subject to revision by official sources.

Credit: INP-WealthPk