Pakistan’s goods imports surged to $5.2 billion in December 2024, marking the highest monthly figure in two years and reflecting an $800 million increase from November’s $4.4 billion. This rebound follows a dip to $4.5 billion in December 2023, signaling a renewed momentum in trade flows and regional partnerships.
Imports from Iran saw a significant rise, reaching $129.7 million in November 2024, a 47% year-on-year increase for the July-November period, according to government data. Trade with India also continued to grow despite the suspension of formal trade relations, with imports rising by 5% in August 2024 compared to the previous year.
Analysts attribute the December surge to eased import restrictions, improved regional ties, and heightened demand for raw materials to support local industries.
While higher imports could strain the current account, they also indicate stronger economic activity. This development aligns with broader trends of regional trade dependence and highlights Pakistan’s potential to bolster economic resilience through diversified imports.
However, the increase also presents challenges for policymakers, who must balance trade growth with fiscal stability. The future of imports in 2025 will depend on continued reforms and trade agreements with key regional partners.
This website has been developed with good faith to create facilities for the people.Your ID Password and access to our website is for a specific period or temporary, it may be suspended at any time without telling any reason.Your ID Password or access does not create any your rights or liability onto owner of the website.
Office # 3-6, Ground Floor Idrees Chamber ,Talpur Road Karachi
info@taxhelpline.com
+ 92 314-4062161
021-32462161
+ 92 305-2561915