Pakistan’s export goal for FY2024–2025 misses as trade imbalance grows
Through the Pakistan Bureau of Statistics, the Ministry of Maritime Affairs of Pakistan reduced export and transshipment container fees by 50%.
According to figures from the Pakistan Bureau of Statistics (PBS), the Pakistani government had failed to meet its export objective for the fiscal year 2024–2025. PBS reported that exports in fiscal year 2024–2025 were $32.106 billion, which was less than the government’s goal of $32.341 billion.
In the meantime, Pakistan’s overall exports exceeded the declared goal of $57.283 billion, coming in at $58.38 billion. The forecast gap of $24.941 billion was surpassed by the actual yearly trade deficit of $26.274 billion. Despite the fact that the goals were not met, exports increased by 6.57% year over year over year.
The trade deficit grew as a result of the higher-than-expected import volume and the lower-than-expected export volume, which left Pakistan’s government with ongoing difficulties managing its external accounts. Through the Pakistan Bureau of Statistics, the Ministry of Maritime Affairs of Pakistan reduced export and transshipment container fees by 50%.
The notification states that the updated charges became operative on July 1, 2025. ‘Relief’ for the trade sector and economic growth are the goals of the decision. Export cargo at Port Qasim, including Marginal Wharf, FOTCO, and PIBT, is eligible for the decrease, which halved wharfage fees for export and transshipment containers. Additionally, DP World has reduced the fees for containerized freight.
