ISLAMABAD, Nov 18 (Wealth Pakistan): Pakistan’s exports and imports of goods and services showed mixed trends during July–October FY26, as the overall goods and services deficit widened to 11,255 million dollars. The deficit stood higher than the 9,607 million dollars recorded in the same period of FY25. Monthly data also shows that the deficit reached 2,753 million dollars in October FY26, compared to 2,630 million dollars in September FY26.
Exports show modest rise
Exports of goods and services totaled 13,664 million dollars in July–October FY26. This marked an increase from 13,041 million dollars in the same period of FY25. Goods exports reached 10,630 million dollars during the four months, compared to 10,424 million dollars a year earlier. Services exports also increased to 3,034 million dollars from 2,617 million dollars.
IT services lead the growth
Telecommunications, computer and information services remained the strongest performer in the services sector. Their exports rose to 1,443 million dollars in July–October FY26, from 1,207 million dollars last year. Travel services also posted growth, reaching 347 million dollars compared with 225 million dollars in the same period of FY25. Other categories, such as construction, financial services, other business services, and government goods and services, recorded modest month-to-month variations.
Imports continue to rise
Pakistan’s total goods and services imports amounted to 24,919 million dollars in July–October FY26. This was higher than the 22,648 million dollars recorded in the same period of FY25. Goods imports rose to 20,721 million dollars, compared with 18,901 million dollars a year earlier. Transport-related imports increased to 1,745 million dollars from 1,604 million dollars. Travel-related imports climbed to 1,223 million dollars from 771 million dollars.
Higher services imports add pressure
Services imports reached 4,198 million dollars in July–October FY26. This was slightly higher than the 3,747 million dollars recorded in the corresponding period of FY25. Spending on telecommunications, computer and information services increased to 169 million dollars from 143 million dollars. Other business services also rose to 1,801 million dollars, compared with 1,691 million dollars a year earlier.
Trade gap remains substantial
The rising import bill, combined with modest export growth, continued to pressure the overall goods and services balance. The data for July–October indicates that although certain sectors, particularly IT services, showed resilience, the trade gap remained significant as the country entered the second quarter of FY26.