Pakistan’s exports to North America increased by almost 10% during the fiscal year 2025 (FY25), to $6.415 billion, from $5.833 billion in FY24. The increase was primarily because of strong demand for textiles from the United States.
The State Bank of Pakistan (SBP) revealed that about 94% of Pakistan’s exports to North America consisted of textiles and apparel exported to the US. Exports to the US alone increased by 10.72%, from $5.444 billion in FY24 to $6.028 billion in FY25.
However, exports to Canada fell marginally by 0.80%, from $389.2 million to $386.1 million.
One of the reasons for this rise in exports to the US is that Pakistan has recovered some of the market share since textile exports from Bangladesh and Vietnam decelerated.
In contrast, imports from North America by Pakistan increased by 26.98% to $2.588 billion in FY25, with the majority of the imports from the US. A new pact will also increase US imports by $2.5 billion, which will decrease the trade gap.
In Latin American markets, there was a decline in exports by 7.52% to $73.5 million, while exports to Central America fell by 2.89% to $169.3 million. Exports to South America rose by 4.87% to $349.6 million in FY25.
