Islamabad, February 2, 2026 — Pakistan’s exports recorded a strong rebound in January 2026, rising 35% month-on-month, according to the latest data released by the Pakistan Bureau of Statistics (PBS) on Monday.
Official figures show that exports increased to $3.06 billion in January 2026, compared with $2.27 billion in December 2025, reflecting improved external demand and higher shipment volumes.
Meanwhile, the country’s import bill declined by 5% to $6.79 billion in January 2026, down from $6.08 billion in the previous month. The combined impact of higher exports and lower imports led to a 28.51% reduction in the trade deficit, which narrowed to $2.72 billion in January 2026 from $3.81 billion in December 2025.
Monthly Trade Performance (December 2025 vs January 2026)
| Indicator | December 2025 ($bn) | January 2026 ($bn) | Change (%) |
| Exports | 2.27 | 3.06 | +35.0% |
| Imports | 6.08 | 6.79 | -5.0% |
| Trade Deficit | 3.81 | 2.72 | -28.51% |
On a year-on-year (YoY) basis, exports rose by 3.73%, while imports declined by 1.41% in January 2026. As a result, the trade deficit contracted by 6.61% compared to the same month last year.
However, during the first seven months (July–January) of FY2025-26, total exports declined by 7% to $18.19 billion, down from $19.58 billion in the corresponding period of the previous fiscal year. In contrast, imports increased by 9.42% to $40.23 billion, leading to a 28.22% widening of the cumulative trade deficit, which reached $22.04 billion during the period under review.