Islamabad, April 14, 2025 – Pakistan’s exports to the United States have risen by an impressive 10.4% during the first eight months of the fiscal year 2024-25 (July–February), reaching $4.009 billion compared to $3.629 billion in the same period last year, according to data from the State Bank of Pakistan. This growth highlights the resilience of Pakistan’s export sector, particularly in textiles and garments, which constitute approximately 94% of the total exports to the U.S.
The surge is attributed to robust demand for Pakistani textiles in the American market and government-led trade reforms. The Special Investment Facilitation Council (SIFC) has played a pivotal role in streamlining export processes, creating a favorable environment for trade. Analysts note that these reforms have bolstered Pakistan’s competitiveness, despite global economic uncertainties.
Overall exports to North America grew by 9.7%, totaling $4.2 billion, with the U.S. remaining Pakistan’s top export destination. Other key markets, including China ($1.695 billion) and the United Kingdom ($1.444 billion), also contributed to export growth, though China saw a 10.54% decline. The textile sector’s dominance underscores its critical role in Pakistan’s trade balance, supporting foreign exchange reserves, which are projected to exceed $14 billion by June 2025.
However, challenges persist. Rising imports have widened the trade deficit to $15.78 billion, up 6.33% from last year. Experts emphasize the need for continued structural improvements in export infrastructure to sustain growth. The government remains optimistic, projecting record exports of $32.98 billion for FY25, driven by textiles and emerging sectors like IT services.
This export uptick signals economic momentum for Pakistan, offering hope amid ongoing fiscal pressures.
