$BOP Pakistan Economy: Sep’25 Balance of Payments (BOP) – By Taurus Research
$BOP
The Bank of Punjab
Rs. 34.03
+1.01%
- Current Account (CA) for Sep’25 arrived in at a surplus of USD 110Mn, as against a deficit of USD 325Mn in Aug’25. Cumulatively, 1QFY26 CAD stood at USD 594Mn, up 18% over the SPLY. Improved performance of CA in Sep’25 can be attributed to: i) 4% MoM decrease in the trade deficit; and ii) 57%MoM decrease in the services deficit, respectively. Overall, balance on goods & ser vices fell 13% on a sequential basis, pushing the CA into a sur plus, after two consecutive months of CA deficit.
- During the month, goods exports were up 5%MoM mainly driven by the 13%MoM surge in textile exports, amounting to USD 1.6Bn. Wherein, the major contributors were Knitwear, Bedwear and Ready-made Garments, respectively. Food exports were up 7%MoM; Tobacco being the biggest contributor to the growth.