Pakistan’s exports steady at $5.11 billion in FY26’s first two months, MoC

The commerce ministry announced on Thursday that Pakistan’s exports remained stable at $5.11 billion during the first two months of FY26, despite challenges in the global trade environment. This steady performance was attributed to growth in key sectors, particularly textiles, and increased demand in regional markets.

In a high-level meeting reviewing the country’s trade performance, it was noted that the textile and apparel sector, which saw a 10% increase, continued to be the mainstay of Pakistan’s export economy. The sector’s growth reaffirms its importance to the country’s trade balance, according to the statement from the ministry.

The meeting also highlighted encouraging growth in exports to Africa, which rose by 9%, and to South Asia, which saw a 7% increase. Exports to North America and the EU remained stable, underscoring Pakistan’s ongoing efforts to expand into new markets while maintaining a strong presence in traditional ones.

Regarding imports, the meeting revealed that they were primarily driven by increased demand for energy, raw materials, and food items, pointing to growing domestic economic activity. The commerce minister emphasized the opportunity for import substitution and the importance of investing in local manufacturing under the “Make in Pakistan” initiative.

Minister for Commerce Jam Kamal urged authorities to diversify export products and markets, focusing on high-value and non-traditional sectors. He also stressed the need for developing strategies to reduce reliance on food and energy imports and enhancing export competitiveness.

In closing, Jam Kamal commended exporters for their resilience and reaffirmed the government’s commitment to supporting the business community, securing new market access, and ensuring sustainable trade growth.