Pakistan’s exports to US up by 0.61pc to $1.118b in 2 months

Pakistan’s exports to US up by 0.61pc to $1.118b in 2 months

ISLAMABAD  –  Pakistan’s exports of goods and services to the United States (US) witnessed an increase of 0.61 percent during the first two months of the current fiscal year (2026-27) as compared to the exports of the corresponding months of last year, the State Bank of Pakistan (SBP) reported. The overall exports to US were recorded at $1.118 billion during July-August (2026-27) against exports of $1.112 billion during July-August (2025-26), SBP data revealed. On a year-to-year basis, exports to US increased by 5.42 percent, from $496.747 million in August 2025 to $523.676 million in August 2026.

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Meanwhile, on a month-on-month basis, exports to US decreased by 12.01 per cent during August 2026 as compared to the exports of $595.220 million in July 2026, the SBP data revealed. Overall, Pakistan’s exports to other countries witnessed an increase of 3.97 per cent in the first two months, from $5.237 billion to $5.445 billion, the SBP data revealed.

On the other hand, the imports from US into the country during the months under review were recorded at $486.750 million against $313.363 million last year, showing an increase of 55.33 per cent in July-August (2026-27). On a year-on-year basis, imports from US increased by 9.34 percent to $160.298 million in August 2026 against the imports of $146.594 million in August 2025. On a month-on-month basis, the imports from US into the country decreased by 50.89 per cent during August 2026 as compared to the imports of $326.452 million during July 2026, according to the data. The overall imports into the country increased by 11.34 per cent, from $10.449 billion to $11.634 billion, according to the data.

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Meanwhile, The leather goods exports witnessed an increase of 13.45 percent during the first two months of the current financial year (2026-27) as compared to the exports of the corresponding months of last year. Pakistan exported leather goods worth $118.372 million during July-August (2026-27) against the exports of $104.337 million during July-August (2025-26), according to the Pakistan Bureau of Statistics (PBS).

Among the leather products, exports of leather garments increased by 13.44 percent by going up from $49.677 million last year to $56.355 million during the current year.

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The leather gloves exports also rose by 13.06 percent to $59.208 million from $52.368 million.= Likewise, the exports of all other leather goods also increased by 22.55 percent during the period under review as these went up from $2.292 million last year to $2.809 million during the current financial year.

Meanwhile, on year-on-year basis, leather goods’ exports witnessed an increase of 10.61 percent during the month of August 2026 as compared to the same month of last year. The leather exports during August 2026 were recorded at $56.477 million against the exports of $51.062 million in August 2025. During the period under review, the leather garments and gloves exports also increased by 6.61 and 13.42 percent respectively, in addition, the exports of other leather goods also rose by 34.86 percent. On month-on-month basis, however, exports of leather manufactures decreased by 8.75 percent during August 2026 as compared to the exports of $61.895 million in July 2026, the PBS data revealed. On month-on-month basis, the exports of leather garments and leather gloves declined by 13.95 and 4.14 percent respectively while the export of all other leather manufactures also dipped by 4.44 percent.

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Reported by nation.com.pk.

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