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Pakistan Trade Balance

External balance on goods and services  NE.RSB.GNFS.CD

Pakistan's trade balance was $-28.9B in 2025, ranked 172nd globally. This represents a 14.4% decrease from 2024. Data from World Bank, covering 1960–2025.

$-28.9B −$3.6B (-14.4%)
Year 2025 Rank #172 Global Peak $34.3M (1973) Source World Bank

Pakistan Trade Balance (1960–2025)

Overview

Pakistan's trade balance stood at $-28.9B in 2025, a decline of +$3.6B from 2024. Based on recent trends, this figure is projected to reach $-28.9B by 2025. Pakistan ranked 172nd globally.

Pakistan’s trade balance has consistently reflected a deficit, with the latest data from 2025 showing a deficit of $28.89 billion, ranking the country 172nd globally. This contrasts sharply with its all-time peak surplus of $34.33 million recorded in 1973, a period marked by state-led industrialization and favorable external conditions. The deficit deepened significantly over the decades, reaching an all-time trough of $44.80 billion in 2022 amid rising import demands, energy shortages, and subdued export growth. Compared to peer economies, Pakistan’s trade imbalance is narrower than Mexico’s $43.82 billion deficit but wider than Bangladesh’s $27.95 billion, suggesting regional disparities in export competitiveness and import dependency. Over the 66-year coverage period, structural constraints such as low industrial diversification, political instability, and reliance on imported energy have contributed to persistent external imbalances. The deficit narrowed slightly from 2022 to 2025, potentially reflecting import compression and remittance inflows. Sustained improvement in the trade balance will likely depend on export promotion, energy sector reforms, and increased foreign direct investment.

Data & projection

Year Trade Balance YoY change Rank
2027* trend $-28.1B - -
2026* trend $-28.5B - -
2025* trend $-28.9B - -
2025 $-28.9B −$3.6B #172
2024 $-25.3B −$74.3M #9
2023 $-25.2B +$19.6B #9
2022 $-44.8B −$13.7B #6
2021 $-31.1B −$6.7B #6
2020 $-24.4B +$8.1B #6
2019 $-32.5B +$4.8B #5
2018 $-37.3B −$6.6B #4
2017 $-30.6B −$8.0B #6
2016 $-22.7B −$2.5B #10
2015 $-20.2B −$1.0B #13
2014 $-19.2B −$2.3B #9
2013 $-16.9B +$2.0B #11
2012 $-18.9B −$6.5B #10
2011 $-12.4B +$762.2M #13
Show all years (1960-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +34.1% GDP growth 3.0% C/A balance 0.1%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Pakistan matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw trade balance improve within 24 months. View full analysis →

Frequently Asked Questions

What is Pakistan's trade balance?▾

Pakistan's trade balance was $-28.9B in 2025. Ranked 172nd globally. This represents a 14.4% decrease from the previous year.

What was the highest trade balance in Pakistan?▾

Pakistan's trade balance peaked at $34.3M in 1973.

What was the lowest trade balance in Pakistan?▾

The lowest trade balance in Pakistan was $-44.8B in 2022.

How does Pakistan rank in trade balance?▾

Pakistan ranks 172nd globally in trade balance as of 2025.

What is the World Bank indicator code for trade balance?▾

The World Bank indicator code is NE.RSB.GNFS.CD. Data sourced from World Bank.

What is the projected trade balance of Pakistan in 2025?▾

Pakistan's trade balance is projected to reach $-28.9B by 2025 based on trend extrapolation.

What is the trade balance of Pakistan in 2025?▾

The trade balance of Pakistan in 2025 was $-28.9B. This ranks 172nd in the world.

Cite this page

APA
Pakistan Trade Balance. HistorySaid. Retrieved November 1, 2026, from https://historysaid.com/pakistan/trade-balance/
BibTeX
@misc{historysaid_pakistan_trade-balance, title = {Pakistan Trade Balance}, url = {https://historysaid.com/pakistan/trade-balance/}, publisher = {HistorySaid}, year = {2026} }
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