Abdul Ghani

Pakistan’s imports from Brazil surged more than fivefold in the first two months of FY2025-26 compared with the same period last year, according to the latest trade statistics issued by the Trade Development Authority of Pakistan (TDAP).

The report shows that Pakistan imported goods worth $287 million from Brazil in July–August FY2025-26, compared with just $47 million in July–August FY2024-25. This represents an increase of more than 500 percent year-on-year. In August 2025 alone, Pakistan’s imports from Brazil were valued at $136 million, sharply higher than $23 million in August 2024.

The surge was mainly due to imports of agricultural products, especially soybeans, which are used in Pakistan for poultry feed and edible oil production. Imports of other bulk commodities also contributed to the higher volume of trade with Brazil. Brazil thus emerged as one of the major new suppliers to Pakistan during the period, joining the ranks of established partners such as China, the United Arab Emirates, Indonesia, and Saudi Arabia.

Overall, Pakistan’s imports in July–August FY2025-26 amounted to $11.1 billion, compared with $9.73 billion in the same two months of FY2024-25, reflecting a growth of 14.2 percent. Imports from Brazil were among the fastest-growing components of this overall increase. With exports remaining nearly flat at $5.1 billion against imports of over $11 billion, Pakistan’s overall trade deficit widened to $6.01 billion in July–August FY2025-26, up from $4.66 billion a year earlier.

Credit: INP-WealthPk