According to a report on the state-run PTV World website, Pakistan’s exports to the US increased by 10.4% in the first eight months of the current fiscal year, primarily due to strong performance in textiles and apparel.
From July to February of FY25, total exports to North America totaled $4.2 billion, a 9.7% rise from the previous year.
The textile industry led the boom, accounting for around 94% of all exports to the United States, demonstrating the industry’s ongoing significance to Pakistan’s trade balance.
Officials attributed the expansion to government trade reforms and the Special Investment Facilitation Council’s (SIFC) initiatives to facilitate export and investment procedures.
For Pakistan’s foreign exchange position, which is still under strain despite recent gains in reserves, the increase in exports is seen as a positive trend.
According to analysts, the rise reflects rising demand for Pakistani goods in important international markets and indicates a slow revival in the nation’s export industry.The state of the world economy and ongoing structural advancements in export infrastructure may determine future trade gains, they added.
In addition, State Bank of Pakistan (SBP) Governor Jameel Ahmad stated on Monday that remittances to Pakistan are anticipated to have hit a record $4.1 billion in March, indicating a resurgence of economic activity following the fiscal crisis of the previous year.
Speaking at the Pakistan Stock Exchange, Ahmad stated that increased inflows from Pakistanis living abroad and an improved balance of payments were expected to assist foreign exchange reserves reach $14 billion by June.
In February, remittances reached $3.12 billion, up 3.8% month over month and 40% year over year. Compared to the same period last year, total inflows for the first nine months of FY25 (July–March) were $28.07 billion, a 33% increase.
Saudi Arabia ($987m), the United Arab Emirates ($842m), the United Kingdom ($684m), and the United States ($419m) accounted for the majority of the March inflows, according to brokerage AKD Securities.
Ahmad went on to say that although Pakistan had $26 billion in foreign loan commitments in FY25, only $16 billion of that amount was anticipated to be refinanced or rolled over, relieving pressure in the short term.
The SBP governor predicted that GDP growth would likely be between 2.5 and 3% despite a poor agricultural season, as opposed to a possible 4.2% if farming output had fulfilled forecasts.
The consumer price index (CPI) figure for March was 0.7% year-over-year, which Ahmad described as “historic” – the lowest since December 1965. He also pointed out a sharp decline in inflation.
The unexpected decrease in inflation was greater than what the market and finance ministry had anticipated, which was between 1% and 1.5%. The main causes of it were declining wheat, perishable food, and electricity prices.
In 2023, Pakistan experienced a severe economic crisis that led to the International Monetary Fund providing a $7 billion bailout. By 2029, Pakistan’s GDP growth is expected to progressively increase to 4.5%, according to IMF predictions.
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Q1. How much did Pakistan’s exports to the United States grow in FY25?
According to a report on PTV World, Pakistan’s exports to the United States increased by 10.4% during the first eight months of FY25, mainly due to strong textile and apparel demand.
Q2. What was the total export volume to North America in FY25 (July–Feb)?
From July to February of FY25, exports to North America totaled $4.2 billion, marking a 9.7% increase from the same period last year.
Q3. Which sector led Pakistan’s exports to the United States?
The textile sector was dominant, accounting for approximately 94% of all shipments to America, highlighting its crucial role in Pakistan’s trade performance.
Q4. What factors contributed to the export growth?
Government-led trade reforms and the efforts of the Special Investment Facilitation Council (SIFC) helped simplify export and investment processes, supporting the increase in outbound trade.
Q5. How are remittances performing in FY25?
Remittances reached a record $4.1 billion in March 2025, according to State Bank of Pakistan Governor Jameel Ahmad, indicating economic momentum and increased inflows from overseas workers.
Q6. Which countries contributed the most to March’s remittance inflows?
Key sources of remittances included:
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Saudi Arabia: $987 million
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UAE: $842 million
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United Kingdom: $684 million
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United States: $419 million
