Pakistan’s exports in rupee terms grew by 9.57% in the first four months of FY2024-25 compared to the same period last year, as per provisional data from the Pakistan Bureau of Statistics (PBS).
From July to October 2024, exports reached Rs. 3,029,329 million, up from Rs. 2,764,712 million in 2023.
In October 2024, exports increased 9.91% year-on-year to Rs. 789,220 million, compared to Rs. 753,767 million in October 2023. Month-on-month, October exports rose by 4.97% from Rs. 751,704 million in September 2024.
Top export items in October included knitwear (Rs. 136,359 million), ready-made garments (Rs. 100,547 million), other rice varieties (Rs. 81,544 million), bed wear (Rs. 76,281 million), cotton cloth (Rs. 43,251 million), towels (Rs. 26,419 million), oilseeds, nuts, and kernels (Rs. 26,289 million), made-up articles excluding towels and bed wear (Rs. 20,198 million), basmati rice (Rs. 19,064 million), and cotton yarn (Rs. 16,433 million).
On the import side, total imports from July to October 2024-25 rose 2.23% to Rs. 4,999,923 million, compared to Rs. 4,891,055 million during the same period last year.
Imports in October 2024 stood at Rs. 1,274,823 million, down 1.59% from Rs. 1,295,455 million in September 2024 and 6.49% lower than Rs. 1,363,293 million in October 2023.
Major imports in October included petroleum products (Rs. 110,620 million), crude petroleum (Rs. 85,050 million), liquefied natural gas (Rs. 77,451 million), palm oil (Rs. 76,730 million), plastic materials (Rs. 62,643 million), iron and steel (Rs. 57,890 million), electrical machinery and apparatus (Rs. 50,421 million), mobile phones (Rs. 48,408 million), manufactured fertilizers (Rs. 32,568 million), and iron and steel scrap (Rs. 28,200 million).
