Pakistan trade deficit with China drives most of $4.97bn gap
State Bank data show the gap with Afghanistan, China and seven other neighbours grew 26.62 per cent in July–September FY27 as imports rose and regional exports fell.
Pakistan’s trade deficit with nine neighbouring countries rose 26.62% to $4.97bn in July–September FY27, from $3.93bn a year earlier.
Exports to the nine markets fell 6.72% to $944.24mn while imports jumped 19.79% to $5.92bn, according to State Bank of Pakistan data.
The bilateral deficit with China widened by $858.808mn, about 82.18% of the overall increase in the regional gap.
Exports to Afghanistan dropped 88.34% to $18.86mn after trade, including exports, was suspended from 10 October 2025.
No exports to India were recorded in the quarter, while imports from India rose 68.90% to $61.74mn.