Economic data
Regional trade deficit widens sharply
ISLAMABAD: Pakistan’s trade deficit with nine neighbouring countries widened by 26.62 per cent to $4.97 billion during the first quarter of 2026-27 compared to $3.93bn in the corresponding period last year. The widening gap reflects a contraction in Pakistan’s exports to regional markets, largely due to reduced shipments to Afghanistan and Bangladesh. Trade with Afghanistan, including exports, has remained suspended since Oct 10, 2025, further weighing on overall export performance. Imports from China rose sharply during the July-September quarter, contributing significantly to the widening im