With exports up, Pakistan external account posts record monthly surplus

With exports up, Pakistan external account posts record monthly surplus

Islamabad : As per the SBP, Pakistan ‘s Current Account (External Trade and Transfers) posted a record, and one of the highest monthly surpluses, in March 2025, with $1.19 billion, up 229% YoY.

According to the State Bank of Pakistan SBP) report – Surplus in March 2024 stood at $363 million.

The report noted that with record monthly surplus in March 2025, cumulative surplus in country’s Current Account for 9MFY25 (Jul-Mar25) now stands at $1.86 billion, which was in a deficit of $1.65 billion in the same period last year.

– In March 2025, Pakistan’s exports recorded at $3.51 billion, growing 8.7% YoY and 6.0% MoM.

– March 2025 imports also rose 8.0% YoY to $5.92 billion, however imports fell 1.9% MoM.

– Resultantly, while Trade Deficit (Goods+Services) went up 7% YoY, it narrowed 11.5% MoM in March 2025.

– For 9MFY25 (Jul-Mar25), total exports now stand at $30.9 billion, up 8.1% YoY, while total imports stand at $51.9 billion, up 10.7% YoY, with cumulative Trade Deficit at $21.1 billion, up 14.7% YoY.

– With Oil prices down, and remittances continuing ro make a record mark, Pakistan’s current account is expected to be in deep Surplus by June FY25 (may also continue in FY26), thereby resulting in further scale-up in overall investor confidence.

Check link for detail:
https://x.com/kschehzad/status/1912830052183482696?t=0wHKTxY-Sq9aBRWbTlGLDw&s=08

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