Pakistan’s services trade gap increased to $1.16 billion in July–October, as fresh PBS data shows exports and imports growing simultaneously. The latest numbers highlight strong activity in the services sector, but the rise in imports outpaced export growth, slightly widening the deficit.
Pakistan’s services sector has been showing steady recovery, supported by IT, business process outsourcing, and travel related services. However, higher external payments and operational service imports continue to put pressure on the balance of payments.
Pakistan’s services exports surged 15.95% during the first four months of FY26, reaching $3.034 billion, up from last year’s $2.617 billion, according to the Pakistan Bureau of Statistics.
At the same time, services imports climbed 12% to $4.195 billion, compared to $3.746 billion in the same period last year, pushing the deficit to $1.161 billion, a 2.84% increase year-on-year.
In October 2025 alone, services exports reached $825.98 million, marking a strong 17.61% jump from October 2024. Imports also rose by 12.81%, hitting $1.050 billion.
A PBS official, reacting to the latest trends, said:
“The services sector continues to post healthy growth, but import pressure remains a key challenge for narrowing the deficit.”
Month on month figures also showed an upward trend: exports increased 2.45%, while imports grew 3.97% compared to September 2025.