Summary Balance of Payments

FY20
Amounts in million US$
Current Account
Total Goods Services Primary Income Secondary Income
Period Workers'
Credit Debit Credit Debit Credit Debit Credit Debit Credit Remittances Debit
Credit
FY20 13,590 15,138 6,033 11,032 1,226 2,429 126 1,609 6,205 5,478 68
Jul-19 5,073 5,751 2,228 4,182 419 903 37 653 2,389 2,039 13
Aug-19 4,218 4,829 1,894 3,523 403 938 36 341 1,885 1,691 27
Sep-19 4,299 4,558 1,911 3,327 404 588 53 615 1,931 1,748 28
Seasonally Adjusted
FY20 13,682 15,334 6,333 11,042 1,270 2,440 146 1,934 5,983 5,371 68
Jul-19 5,299 5,589 2,343 3,994 443 926 48 807 2,389 2,000 13
Aug-19 4,140 4,947 1,927 3,519 406 916 38 456 1,759 1,539 27
Sep-19 4,244 4,798 2,064 3,528 420 598 60 671 1,835 1,832 28

Note:
1.Trade data compiled by Pakistan Bureau of Statistics (PBS) and State Bank of Pakistan (SBP) may differ from each other due to the following
reasons:-
a. The SBP export and imports are based on realization of export proceeds and import payments made through the banking channel.
Information on exports and imports unaccounted for by the banking channel are collected from the relevant sources and added to the
exports/imports data reported by banks to arrive at the overall exports and imports. The trade data of PBS is, on the other hand, based on
physical movement of goods crossing the custom boundaries of Pakistan
b. SBP imports are free on board (f.o.b) basis whereas PBS data is on cost, insurance & freight (c.i.f) basis.
2. SA stands for Seasonallay Adjusted.
3. All amounts are in million US Dollar
4. Secondary Income (Debit) do not follow seasonal patterns, so original series has been used as adjusted series.
5. Before analysing data, "Logistic Support" is subtracted from Current Account Cr. and Services Cr. which is added again after analysis.
Similarly, "grants for budgetary support" is subtracted from Secondary Income Cr. and added after analysis.

1
 Summary Balance of Payments
FY19
Amounts in million US$
Current Account
Total Goods Services Primary Income Secondary Income
Period Workers'
Credit Debit Credit Debit Credit Debit Credit Debit Credit Remittances Debit
Credit
FY19 55,057 68,887 24,251 52,768 5,260 9,527 678 6,387 24,868 21,838 205
Jul-18 4,777 6,924 2,013 5,501 416 942 54 462 2,294 1,982 19
Aug-18 4,993 5,855 2,075 4,686 440 745 64 405 2,414 2,089 19
Sep-18 3,903 5,181 1,805 4,088 411 656 51 423 1,636 1,486 14
Oct-18 4,802 6,082 2,060 4,741 442 733 85 594 2,215 2,060 14
Nov-18 4,322 5,488 1,897 4,202 394 761 43 510 1,988 1,664 15
Dec-18 4,526 6,407 2,012 4,845 477 919 70 616 1,967 1,748 27
Jan-19 4,822 5,687 2,274 4,426 497 699 47 540 2,004 1,744 22
Feb-19 4,159 4,497 1,873 3,456 429 682 49 345 1,808 1,582 14
Mar-19 4,527 5,379 2,037 4,150 497 781 28 432 1,965 1,743 16
Apr-19 4,510 5,680 2,084 4,181 444 847 54 635 1,928 1,780 17
May-19 5,354 6,341 2,322 4,420 424 1,098 31 810 2,577 2,314 13
Jun-19 4,363 5,367 1,799 4,072 389 664 102 615 2,073 1,646 16
Seasonally Adjusted
FY19 55,139 67,804 24,210 51,901 5,234 9,200 699 6,497 24,996 21,765 205
Jul-18 4,999 6,668 2,117 5,137 456 974 71 567 2,301 1,946 19
Aug-18 4,919 5,741 2,116 4,401 446 710 67 544 2,189 1,933 19
Sep-18 3,837 5,338 1,936 4,323 436 588 58 453 1,648 1,519 14
Oct-18 4,891 5,748 2,066 4,517 460 633 83 502 2,045 2,065 14
Nov-18 4,478 5,295 1,948 4,205 423 762 38 418 2,058 1,811 15
Dec-18 4,456 6,004 1,918 4,622 408 803 56 560 2,072 1,746 27
Jan-19 5,088 5,674 2,310 4,331 458 697 57 671 2,108 1,853 22
Feb-19 4,509 5,101 1,906 3,842 432 680 63 531 2,064 1,775 14
Mar-19 4,285 5,596 1,876 4,292 436 724 36 491 2,041 1,713 16
Apr-19 4,665 5,779 2,028 4,289 468 875 63 581 2,008 1,820 17
May-19 5,161 5,946 2,183 4,299 441 1,114 30 553 2,588 1,885 12
Jun-19 3,850 4,914 1,807 3,644 369 640 80 626 1,875 1,701 16

Current Account- Goods Current Account - Services

Exports Original Imports Original Exports Original Imports Original
Exports SA Imports SA Exports SA Imports SA
6,000 1,200
5,000 1,000
4,000 800
3,000 600
2,000 400
1,000 200
0 0
Mar-19
Sep-18

Dec-18

Feb-19

May-19
Oct-18

Jun-19
Mar-19

Jul-18

Aug-18

Nov-18

Jan-19

Apr-19
Sep-18

Dec-18

Feb-19

May-19
Oct-18

Jun-19
Jan-19
Jul-18

Aug-18

Nov-18

Apr-19

Note:
1.Trade data compiled by Pakistan Bureau of Statistics (PBS) and State Bank of Pakistan (SBP) may differ from each other due to the following
reasons:-
a. The SBP export and imports are based on realization of export proceeds and import payments made through the banking channel.
Information on exports and imports unaccounted for by the banking channel are collected from the relevant sources and added to the
exports/imports data reported by banks to arrive at the overall exports and imports. The trade data of PBS is, on the other hand, based on
physical movement of goods crossing the custom boundaries of Pakistan
b. SBP imports are free on board (f.o.b) basis whereas PBS data is on cost, insurance & freight (c.i.f) basis.
2. SA stands for Seasonallay Adjusted.
3. All amounts are in million US Dollar
4. Secondary Income (Debit) do not follow seasonal patterns, so original series has been used as adjusted series.
5. Before analysing data, "Logistic Support" is subtracted from Current Account Cr. and Services Cr. which is added again after analysis.
Similarly, "grants for budgetary support" is subtracted from Secondary Income Cr. and added after analysis.

2
 Summary Balance of Payments
FY18
Amounts in million US$
Current Account
Total Goods Services Primary Income Secondary Income
Period Workers'
Credit Debit Credit Debit Credit Debit Credit Debit Credit Remittances Debit
Credit
FY18 54,443 74,340 24,768 56,592 5,288 11,356 679 6,163 23,708 19,914 229
Jul-17 4,011 6,272 1,817 4,854 399 956 44 442 1,751 1,556 20
Aug-17 5,002 5,990 2,090 4,552 425 1,025 51 393 2,436 1,975 20
Sep-17 4,061 5,281 1,743 3,997 462 877 73 389 1,783 1,314 18
Oct-17 4,457 5,762 1,960 4,454 411 791 36 500 2,050 1,677 17
Nov-17 4,526 6,257 2,173 4,661 416 970 41 613 1,896 1,596 13
Dec-17 4,591 6,115 2,008 4,482 528 1,043 88 576 1,967 1,746 14
Jan-18 4,532 6,319 2,090 4,930 440 904 58 461 1,944 1,662 24
Feb-18 4,251 5,538 2,057 4,308 442 865 64 348 1,688 1,473 17
Mar-18 4,992 6,478 2,316 5,111 443 855 72 488 2,161 1,804 24
Apr-18 4,413 6,688 2,235 4,953 413 1,134 41 587 1,724 1,679 14
May-18 4,879 6,941 2,265 5,165 455 910 46 834 2,113 1,804 32
Jun-18 4,728 6,699 2,014 5,125 454 1,026 65 532 2,195 1,628 16
Seasonally Adjusted
FY18 54,499 74,553 24,754 56,875 5,300 11,359 686 6,164 23,757 19,822 229
Jul-17 4,188 6,378 1,913 4,911 423 985 57 554 1,895 1,431 20
Aug-17 4,961 5,955 2,146 4,403 436 1,004 54 533 2,178 1,841 20
Sep-17 3,971 5,589 1,860 4,289 484 887 83 409 1,719 1,293 18
Oct-17 4,501 5,691 1,967 4,350 404 760 35 426 1,948 1,723 17
Nov-17 4,712 6,119 2,241 4,823 461 982 36 488 1,978 1,741 13
Dec-17 4,490 6,136 1,920 4,533 455 1,003 70 532 2,003 1,751 14
Jan-18 4,838 6,265 2,128 4,765 444 946 62 556 2,093 1,777 24
Feb-18 4,628 6,376 2,100 4,812 466 973 73 500 1,925 1,658 17
Mar-18 4,766 6,574 2,149 5,159 407 876 74 515 2,156 1,780 24
Apr-18 4,550 6,816 2,183 5,094 426 1,087 47 532 1,871 1,710 14
May-18 4,734 6,310 2,131 4,929 467 882 44 574 1,960 1,605 32
Jun-18 4,159 6,346 2,017 4,809 424 974 51 545 2,033 1,512 16

Current Account- Goods Current Account - Services

Exports Original Imports Original Exports Original Imports Original
Exports SA Imports SA
Exports SA Imports SA

6,000 1,200
5,000 1,000
4,000 800
3,000 600
2,000 400
1,000 200
0 0
Sep-17

Dec-17

Feb-18

Mar-18

May-18
Oct-17

Jun-18
Mar-18

Jul-17

Aug-17

Nov-17

Jan-18

Apr-18
Sep-17

Dec-17

Feb-18

May-18
Oct-17

Jun-18
Jan-18
Jul-17

Aug-17

Nov-17

Apr-18

Note:
1.Trade data compiled by Pakistan Bureau of Statistics (PBS) and State Bank of Pakistan (SBP) may differ from each other due to the following
reasons:-
a. The SBP export and imports are based on realization of export proceeds and import payments made through the banking channel.
Information on exports and imports unaccounted for by the banking channel are collected from the relevant sources and added to the
exports/imports data reported by banks to arrive at the overall exports and imports. The trade data of PBS is, on the other hand, based on
physical movement of goods crossing the custom boundaries of Pakistan
b. SBP imports are free on board (f.o.b) basis whereas PBS data is on cost, insurance & freight (c.i.f) basis.
2. SA stands for Seasonallay Adjusted.
3. All amounts are in million US Dollar
4. Secondary Income (Debit) do not follow seasonal patterns, so original series has been used as adjusted series.
5. Before analysing data, "Logistic Support" is subtracted from Current Account Cr. and Services Cr. which is added again after analysis.
Similarly, "grants for budgetary support" is subtracted from Secondary Income Cr. and added after analysis.

3
 Summary Balance of Payments
FY17
Amounts in million US$
Current Account
Total Goods Services Primary Income Secondary Income
Period Workers'
Credit Debit Credit Debit Credit Debit Credit Debit Credit Remittances Debit
Credit
FY17 51,867 64,488 22,003 48,683 5,555 9,894 662 5,710 23,647 19,351 201
Jul-16 3,521 4,223 1,508 3,119 349 712 22 380 1,642 1,360 12
Aug-16 4,420 5,081 1,857 3,916 436 858 41 286 2,086 1,768 21
Sep-16 4,281 4,578 1,689 3,295 419 796 70 460 2,103 1,612 27
Oct-16 4,089 4,746 1,826 3,482 394 771 37 482 1,832 1,561 11
Nov-16 4,173 5,287 1,860 3,954 409 745 75 564 1,829 1,618 24
Dec-16 4,401 5,693 1,891 4,248 457 845 91 583 1,962 1,586 17
Jan-17 4,009 5,537 1,811 4,327 396 827 76 375 1,726 1,488 8
Feb-17 4,295 5,323 1,797 4,103 734 808 45 400 1,719 1,417 12
Mar-17 4,907 5,618 2,075 4,349 720 831 63 414 2,049 1,694 24
Apr-17 4,087 5,451 1,827 4,119 385 833 35 486 1,840 1,539 13
May-17 4,554 6,340 1,978 4,661 401 955 43 704 2,132 1,867 20
Jun-17 5,130 6,611 1,884 5,110 455 913 64 576 2,727 1,841 12
Seasonally Adjusted
FY17 51,796 64,407 21,993 48,549 5,562 9,903 655 5,721 23,538 19,557 201
Jul-16 3,674 4,347 1,589 3,151 371 735 28 477 1,734 1,440 12
Aug-16 4,436 4,984 1,920 3,712 455 843 44 388 1,914 1,651 21
Sep-16 4,160 4,638 1,779 3,294 442 803 79 476 1,925 1,621 27
Oct-16 4,101 4,914 1,833 3,662 383 739 36 416 1,867 1,567 11
Nov-16 4,373 5,098 1,930 4,030 456 753 66 438 1,865 1,772 24
Dec-16 4,247 5,536 1,806 4,197 390 814 72 548 1,909 1,586 17
Jan-17 4,298 5,662 1,847 4,276 404 868 81 460 1,935 1,589 8
Feb-17 4,643 6,115 1,837 4,586 760 908 52 564 1,954 1,588 12
Mar-17 4,698 5,522 1,935 4,164 673 849 66 434 1,946 1,676 24
Apr-17 4,198 5,852 1,782 4,603 394 802 40 437 2,055 1,556 13
May-17 4,445 5,697 1,856 4,370 412 925 41 489 2,025 1,732 20
Jun-17 4,522 6,044 1,879 4,505 424 863 50 594 2,410 1,779 12

Current Account- Goods Current Account - Services

Exports Original Imports Original Exports Original Imports Original
Exports SA Imports SA
Exports SA Imports SA

5,000 1,200
4,000 1,000
800
3,000
600
2,000
400
1,000 200
0 0
Sep-16

Feb-17
Dec-16

Mar-17

May-17
Oct-16

Jun-17
Mar-17

Jul-16

Jan-17
Sep-16

Dec-16

Feb-17

May-17

Aug-16

Nov-16

Apr-17
Oct-16

Jun-17
Jul-16

Nov-16
Aug-16

Jan-17

Apr-17

Note:
1.Trade data compiled by Pakistan Bureau of Statistics (PBS) and State Bank of Pakistan (SBP) may differ from each other due to the following
reasons:-
a. The SBP export and imports are based on realization of export proceeds and import payments made through the banking channel.
Information on exports and imports unaccounted for by the banking channel are collected from the relevant sources and added to the
exports/imports data reported by banks to arrive at the overall exports and imports. The trade data of PBS is, on the other hand, based on
physical movement of goods crossing the custom boundaries of Pakistan
b. SBP imports are free on board (f.o.b) basis whereas PBS data is on cost, insurance & freight (c.i.f) basis.
2. SA stands for Seasonallay Adjusted.
3. All amounts are in million US Dollar
4. Secondary Income (Debit) do not follow seasonal patterns, so original series has been used as adjusted series.
5. Before analysing data, "Logistic Support" is subtracted from Current Account Cr. and Services Cr. which is added again after analysis.
Similarly, "grants for budgetary support" is subtracted from Secondary Income Cr. and added after analysis.

4
 Summary Balance of Payments
FY16
Amounts in million US$
Current Account
Total Goods Services Primary Income Secondary Income
Period Workers'
Credit Debit Credit Debit Credit Debit Credit Debit Credit Remittances Debit
Credit
FY16 51,336 56,203 21,972 41,255 5,459 8,865 608 5,955 23,297 19,917 128
Jul-15 4,321 4,626 1,759 3,596 715 676 19 347 1,828 1,664 7
Aug-15 3,914 4,311 1,738 3,222 341 782 57 296 1,778 1,527 11
Sep-15 4,690 4,569 1,821 3,257 711 687 34 616 2,124 1,775 9
Oct-15 4,179 4,720 1,778 3,254 400 759 63 698 1,938 1,541 9
Nov-15 3,998 4,306 1,740 3,152 321 614 49 533 1,888 1,565 7
Dec-15 4,445 5,511 1,947 4,101 444 855 54 546 2,000 1,616 9
Jan-16 3,688 4,467 1,692 3,357 354 672 33 420 1,609 1,466 18
Feb-16 3,977 4,002 1,864 3,086 351 582 43 328 1,719 1,522 6
Mar-16 4,479 4,546 1,989 3,321 447 724 53 494 1,990 1,711 7
Apr-16 4,349 4,529 1,818 3,168 594 848 43 501 1,894 1,657 12
May-16 4,332 5,371 1,959 3,714 361 923 87 719 1,925 1,799 15
Jun-16 4,964 5,245 1,867 4,027 420 743 73 457 2,604 2,074 18
Seasonally Adjusted
FY16 51,481 54,717 21,975 40,259 5,458 8,411 600 5,909 23,372 19,742 128
Jul-15 4,474 4,463 1,850 3,339 743 697 24 438 1,776 1,585 7
Aug-15 3,956 4,543 1,807 3,349 362 754 61 399 1,836 1,428 11
Sep-15 4,553 4,575 1,896 3,263 731 690 39 627 1,898 1,830 9
Oct-15 4,139 4,728 1,784 3,293 382 725 61 614 1,847 1,442 9
Nov-15 4,222 4,259 1,816 3,261 359 609 43 402 2,092 1,803 7
Dec-15 4,298 4,745 1,866 3,568 373 707 43 519 1,871 1,615 9
Jan-16 3,980 4,737 1,727 3,485 365 693 35 518 1,888 1,563 18
Feb-16 4,336 4,221 1,912 3,157 382 634 50 452 1,910 1,698 6
Mar-16 4,340 4,272 1,866 3,097 403 689 56 513 1,895 1,692 7
Apr-16 4,438 4,548 1,768 3,283 597 777 49 452 2,042 1,662 12
May-16 4,317 4,848 1,834 3,550 372 769 83 504 2,022 1,733 15
Jun-16 4,429 4,777 1,849 3,615 389 667 57 472 2,296 1,692 18

Current Account- Goods Current Account - Services

Exports Original Imports Original Exports Original Imports Original
Exports SA Imports SA
Exports SA Imports SA

5,000 1,200
4,000 1,000
800
3,000
600
2,000
400
1,000 200
0 0
Mar-16
Sep-15

Dec-15

Feb-16

May-16
Oct-15

Jun-16
Aug-15
Mar-16

Jul-15

Nov-15

Jan-16

Apr-16
Sep-15

Dec-15

Feb-16

May-16
Oct-15

Jun-16
Jan-16
Jul-15

Aug-15

Nov-15

Apr-16

Note:
1.Trade data compiled by Pakistan Bureau of Statistics (PBS) and State Bank of Pakistan (SBP) may differ from each other due to the following
reasons:-
a. The SBP export and imports are based on realization of export proceeds and import payments made through the banking channel.
Information on exports and imports unaccounted for by the banking channel are collected from the relevant sources and added to the
exports/imports data reported by banks to arrive at the overall exports and imports. The trade data of PBS is, on the other hand, based on
physical movement of goods crossing the custom boundaries of Pakistan
b. SBP imports are free on board (f.o.b) basis whereas PBS data is on cost, insurance & freight (c.i.f) basis.
2. SA stands for Seasonallay Adjusted.
3. All amounts are in million US Dollar
4. Secondary Income (Debit) do not follow seasonal patterns, so original series has been used as adjusted series.
5. Before analysing data, "Logistic Support" is subtracted from Current Account Cr. and Services Cr. which is added again after analysis.
Similarly, "grants for budgetary support" is subtracted from Secondary Income Cr. and added after analysis.

5
 Summary Balance of Payments
FY15
Amounts in million US$
Current Account
Total Goods Services Primary Income Secondary Income
Period Workers'
Credit Debit Credit Debit Credit Debit Credit Debit Credit Remittances Debit
Credit
FY15 52,917 55,712 24,090 41,357 5,878 8,848 644 5,243 22,305 18,721 264
Jul-14 4,228 5,025 1,919 4,021 359 742 17 240 1,933 1,676 22
Aug-14 4,409 4,999 1,880 3,932 691 802 52 254 1,786 1,351 11
Sep-14 5,149 5,439 2,161 4,092 693 861 28 457 2,267 1,748 29
Oct-14 4,543 4,853 2,088 3,570 401 697 39 574 2,015 1,409 12
Nov-14 3,775 4,373 1,861 3,100 310 623 73 627 1,531 1,344 23
Dec-14 4,689 4,619 2,257 3,409 459 689 54 471 1,919 1,634 50
Jan-15 3,874 4,132 1,964 3,015 360 715 35 381 1,515 1,404 21
Feb-15 4,606 3,805 1,853 2,799 1,043 641 77 330 1,633 1,421 35
Mar-15 4,355 4,380 2,049 3,294 438 745 68 333 1,800 1,609 8
Apr-15 4,420 4,295 2,067 3,045 403 752 30 482 1,920 1,640 16
May-15 4,119 4,755 1,880 3,470 318 703 69 553 1,852 1,663 29
Jun-15 4,750 5,037 2,111 3,610 403 878 102 541 2,134 1,822 8
Seasonally Adjusted
FY15 52,848 55,517 24,109 41,154 5,869 8,848 636 5,201 22,153 18,700 264
Jul-14 4,371 4,831 2,014 3,769 391 771 22 303 1,808 1,647 22
Aug-14 4,487 5,310 1,961 4,038 713 795 60 338 1,818 1,208 11
Sep-14 5,000 5,311 2,222 3,961 713 865 32 455 2,059 1,732 29
Oct-14 4,429 4,709 2,100 3,421 375 666 38 517 1,831 1,440 12
Nov-14 4,015 4,568 1,958 3,491 345 624 64 462 1,747 1,481 23
Dec-14 4,428 4,290 2,175 3,186 379 665 42 460 1,774 1,627 50
Jan-15 4,209 4,344 2,009 3,121 378 754 37 487 1,705 1,497 21
Feb-15 4,932 4,338 1,901 3,135 1,077 720 90 444 1,847 1,579 35
Mar-15 4,200 4,327 1,935 3,195 397 757 73 341 1,765 1,583 8
Apr-15 4,455 4,343 1,999 3,165 403 731 33 435 1,969 1,636 16
May-15 4,067 4,661 1,757 3,559 328 680 65 391 1,985 1,607 29
Jun-15 4,254 4,484 2,078 3,112 370 820 80 568 1,846 1,663 8

Current Account- Goods Current Account - Services

Exports Original Imports Original Exports Original Imports Original
Exports SA Imports SA
Exports SA Imports SA

5,000 1,200
4,000 1,000
800
3,000
600
2,000
400
1,000 200
0 0
Sep-14

Feb-15
Dec-14

Mar-15

May-15
Oct-14

Jun-15
Mar-15

Jul-14

Jan-15

Apr-15
Sep-14

Dec-14

Feb-15

May-15

Aug-14

Nov-14
Oct-14

Jun-15
Jul-14

Aug-14

Apr-15
Nov-14

Jan-15

Note:
1.Trade data compiled by Pakistan Bureau of Statistics (PBS) and State Bank of Pakistan (SBP) may differ from each other due to the following
reasons:-
a. The SBP export and imports are based on realization of export proceeds and import payments made through the banking channel.
Information on exports and imports unaccounted for by the banking channel are collected from the relevant sources and added to the
exports/imports data reported by banks to arrive at the overall exports and imports. The trade data of PBS is, on the other hand, based on
physical movement of goods crossing the custom boundaries of Pakistan
b. SBP imports are free on board (f.o.b) basis whereas PBS data is on cost, insurance & freight (c.i.f) basis.
2. SA stands for Seasonallay Adjusted.
3. All amounts are in million US Dollar
4. Secondary Income (Debit) do not follow seasonal patterns, so original series has been used as adjusted series.
5. Before analysing data, "Logistic Support" is subtracted from Current Account Cr. and Services Cr. which is added again after analysis.
Similarly, "grants for budgetary support" is subtracted from Secondary Income Cr. and added after analysis.

6
 Summary Balance of Payments
FY14
Amounts in million US$
Current Account
Total Goods Services Primary Income Secondary Income
Period Workers'
Credit Debit Credit Debit Credit Debit Credit Debit Credit Remittances Debit
Credit
FY14 51,153 54,283 25,078 41,668 5,345 7,995 508 4,463 20,222 15,837 157
Jul-13 4,219 4,325 2,194 3,458 343 567 60 297 1,622 1,405 3
Aug-13 3,931 4,412 2,009 3,468 305 684 40 256 1,577 1,240 4
Sep-13 4,070 4,798 2,054 3,715 347 652 50 418 1,619 1,284 13
Oct-13 4,629 4,739 2,063 3,617 671 713 25 407 1,870 1,348 2
Nov-13 3,796 4,517 1,820 3,265 341 701 71 546 1,564 1,130 5
Dec-13 4,721 4,578 2,327 3,594 428 626 21 349 1,945 1,385 9
Jan-14 3,950 4,486 2,129 3,596 347 668 52 211 1,422 1,246 11
Feb-14 4,260 4,174 2,058 3,159 667 656 31 355 1,504 1,210 4
Mar-14 4,244 4,483 2,092 3,354 382 692 41 418 1,729 1,338 19
Apr-14 4,149 4,388 2,097 3,329 383 695 36 347 1,633 1,312 17
May-14 4,645 4,741 2,133 3,531 758 658 37 526 1,717 1,440 26
Jun-14 4,539 4,642 2,102 3,582 373 683 44 333 2,020 1,499 44
Seasonally Adjusted
FY14 51,134 54,284 25,100 41,621 5,355 8,008 524 4,444 20,243 15,939 157
Jul-13 4,352 4,123 2,298 3,185 378 590 76 374 1,539 1,417 3
Aug-13 4,007 4,543 2,088 3,470 326 684 44 340 1,561 1,175 4
Sep-13 3,948 4,882 2,104 3,713 371 655 57 407 1,558 1,295 13
Oct-13 4,465 4,542 2,082 3,475 643 680 24 375 1,671 1,356 2
Nov-13 4,041 4,536 1,927 3,505 375 698 63 394 1,700 1,246 5
Dec-13 4,447 4,389 2,263 3,442 344 604 16 348 1,863 1,374 9
Jan-14 4,329 4,587 2,186 3,532 373 706 54 275 1,522 1,331 11
Feb-14 4,569 4,738 2,109 3,543 703 737 37 467 1,695 1,337 4
Mar-14 4,113 4,650 1,985 3,524 351 700 44 420 1,813 1,307 19
Apr-14 4,124 4,385 2,006 3,423 377 680 40 316 1,635 1,305 17
May-14 4,625 4,527 1,994 3,546 773 639 35 376 1,775 1,391 26
Jun-14 4,114 4,380 2,057 3,262 341 636 35 352 1,912 1,405 44

Current Account- Goods Current Account - Services

Exports Original Imports Original Exports Original Imports Original
Exports SA Imports SA
Exports SA Imports SA

5,000 1,000

4,000 800

3,000 600

2,000 400

1,000 200

0 0
Mar-14
Sep-13

Dec-13

Feb-14

May-14
Oct-13
Jul-13

Jan-14

Jun-14
Aug-13

Nov-13

Apr-14
Oct-13
Sep-13

Feb-14

Mar-14

May-14
Jul-13

Dec-13

Jun-14
Nov-13
Aug-13

Jan-14

Apr-14

Note:
1.Trade data compiled by Pakistan Bureau of Statistics (PBS) and State Bank of Pakistan (SBP) may differ from each other due to the following
reasons:-
a. The SBP export and imports are based on realization of export proceeds and import payments made through the banking channel.
Information on exports and imports unaccounted for by the banking channel are collected from the relevant sources and added to the
exports/imports data reported by banks to arrive at the overall exports and imports. The trade data of PBS is, on the other hand, based on
physical movement of goods crossing the custom boundaries of Pakistan
b. SBP Imports are free on board (f.o.b) basis whereas PBS data is on cost, insurance & freight (c.i.f) basis.
2. SA stands for Seasonallay Adjusted.
3. All amounts are in million US Dollar
4. Secondary Income (Debit) do not follow seasonal patterns, so original series has been used as adjusted series.
5. Before analysing data, "Logistic Support" is subtracted from Current Account Cr. and Services Cr. which is added again after analysis.
Similarly, "grants for budgetary support" is subtracted from Secondary Income Cr. and added after analysis.

7
 Summary Balance of Payments
FY13
Amounts in million US$
Current Account
Total Goods Services Primary Income Secondary Income
Period Workers'
Credit Debit Credit Debit Credit Debit Credit Debit Credit Remittances Debit
Credit
FY13 50,197 52,693 24,802 40,157 6,724 8,288 488 4,157 18,183 13,922 91
Jul-12 3,892 4,346 2,020 3,446 349 670 48 228 1,475 1,205 2
Aug-12 5,191 4,210 2,030 3,232 1,501 720 31 251 1,629 1,259 7
Sep-12 4,018 4,106 2,101 3,098 323 675 32 324 1,562 1,135 9
Oct-12 4,509 4,934 2,117 3,742 491 809 41 369 1,860 1,365 14
Nov-12 3,925 4,623 2,027 3,425 343 696 31 495 1,524 1,018 7
Dec-12 4,737 4,136 1,859 3,117 1,224 708 71 299 1,583 1,135 12
Jan-13 3,891 4,249 2,085 3,402 379 620 21 223 1,406 1,090 4
Feb-13 3,597 3,987 1,930 3,077 366 605 24 303 1,277 1,028 2
Mar-13 4,065 4,489 2,177 3,392 456 711 18 384 1,414 1,119 2
Apr-13 4,246 4,565 2,204 3,441 421 652 78 465 1,543 1,216 7
May-13 4,177 4,760 2,258 3,468 386 786 36 501 1,497 1,186 5
Jun-13 3,949 4,288 1,994 3,317 485 636 57 315 1,413 1,166 20
Seasonally Adjusted
FY13 50,257 52,835 24,826 40,265 6,696 8,290 486 4,117 18,236 13,827 91
Jul-12 4,019 4,278 2,113 3,240 390 699 61 287 1,458 1,141 2
Aug-12 5,291 4,210 2,098 3,069 1,523 723 34 329 1,556 1,183 7
Sep-12 3,903 4,354 2,148 3,306 346 678 36 311 1,550 1,166 9
Oct-12 4,303 4,663 2,144 3,519 445 770 39 347 1,695 1,278 14
Nov-12 4,171 4,475 2,165 3,476 368 688 27 354 1,572 1,188 7
Dec-12 4,509 4,178 1,824 3,235 1,110 682 55 303 1,626 1,122 12
Jan-13 4,271 4,312 2,152 3,354 418 657 22 292 1,470 1,163 4
Feb-13 3,868 4,511 1,974 3,463 406 679 29 392 1,429 1,129 2
Mar-13 3,941 4,688 2,071 3,563 433 716 20 380 1,437 1,087 2
Apr-13 4,182 4,486 2,080 3,466 409 642 85 425 1,571 1,205 7
May-13 4,177 4,433 2,117 3,305 405 765 34 363 1,482 1,146 5
Jun-13 3,622 4,247 1,940 3,270 444 589 45 336 1,390 1,020 20

Current Account- Goods Current Account - Services

Exports Original Imports Original Exports Original Imports Original
Exports SA Imports SA
Exports SA Imports SA

5,000 1,600
1,400
4,000
1,200
3,000 1,000
800
2,000
600
1,000 400
200
0 0
Aug-12

Nov-12

Jun-13
Oct-12

May-13
Jan-13
Dec-12

Apr-13
Jul-12

Sep-12

Feb-13

Mar-13

Sep-12

Feb-13
Aug-12

Nov-12

Dec-12

Mar-13

May-13
Oct-12

Jun-13
Jul-12

Jan-13

Apr-13

Note:

1.Trade data compiled by Pakistan Bureau of Statistics (PBS) and State Bank of Pakistan (SBP) may differ from each other due to the following
reasons:-
a. The SBP export and imports are based on realization of export proceeds and import payments made through the banking channel.
Information on exports and imports unaccounted for by the banking channel are collected from the relevant sources and added to the
exports/imports data reported by banks to arrive at the overall exports and imports. The trade data of PBS is, on the other hand, based on
physical movement of goods crossing the custom boundaries of Pakistan
b. SBP Imports are free on board (f.o.b) basis whereas PBS data is on cost, insurance & freight (c.i.f) basis.
2. SA stands for Seasonallay Adjusted.
3. All amounts are in million US Dollar
4. Secondary Income (Debit) do not follow seasonal patterns, so original series has been used as adjusted series.
5. Before analysing data, "Logistic Support" is subtracted from Current Account Cr. and Services Cr. which is added again after analysis.
Similarly, "grants for budgetary support" is subtracted from Secondary Income Cr. and added after analysis.

8
 Summary Balance of Payments
FY12
Amounts in million US$
Current Account
Total Goods Services Primary Income Secondary Income
Period Workers'
Credit Debit Credit Debit Credit Debit Credit Debit Credit Remittances Debit
Credit
FY12 48,243 52,901 24,718 40,370 5,013 8,318 826 4,071 17,686 13,186 142
Jul-11 4,024 4,100 2,138 3,172 370 634 66 283 1,450 1,097 11
Aug-11 4,321 4,547 2,121 3,673 429 618 116 252 1,655 1,310 4
Sep-11 3,545 4,610 1,895 3,522 426 747 42 339 1,182 890 2
Oct-11 3,932 4,252 1,970 3,230 506 719 69 282 1,387 1,018 21
Nov-11 3,691 4,333 1,900 3,172 398 658 88 497 1,305 925 6
Dec-11 4,351 4,421 2,056 3,276 533 703 110 410 1,652 1,085 32
Jan-12 3,824 4,240 1,974 3,366 336 644 70 222 1,444 1,111 8
Feb-12 4,209 4,629 2,154 3,712 432 657 41 256 1,582 1,157 4
Mar-12 4,216 4,019 2,142 2,984 451 678 27 350 1,596 1,143 7
Apr-12 3,936 4,252 2,138 3,158 350 647 41 431 1,407 1,141 16
May-12 4,106 4,672 2,179 3,452 351 749 84 448 1,492 1,192 23
Jun-12 4,088 4,826 2,051 3,653 431 864 72 301 1,534 1,117 8

Seasonally Adjusted
FY12 48,373 52,901 24,739 40,400 5,013 8,314 820 4,052 17,750 13,176 142
Jul-11 4,172 4,282 2,231 3,203 420 662 83 355 1,557 1,100 11
Aug-11 4,441 4,455 2,176 3,452 447 624 130 325 1,550 1,109 4
Sep-11 3,447 4,505 1,936 3,321 457 752 47 322 1,072 976 2
Oct-11 3,754 4,349 2,007 3,342 455 683 65 270 1,409 1,021 21
Nov-11 3,894 4,174 2,035 3,274 418 646 78 352 1,323 972 6
Dec-11 4,139 4,352 2,035 3,300 411 676 83 421 1,586 1,103 32
Jan-12 4,202 4,387 2,048 3,328 379 684 72 292 1,596 1,179 8
Feb-12 4,518 5,033 2,202 4,051 476 738 50 324 1,685 1,264 4
Mar-12 4,073 4,049 2,039 3,057 444 679 30 345 1,552 1,107 7
Apr-12 3,854 4,393 1,996 3,337 335 641 44 395 1,525 1,126 16
May-12 4,119 4,334 2,051 3,319 374 732 79 328 1,455 1,151 23
Jun-12 3,762 4,588 1,981 3,416 397 797 58 322 1,440 1,068 8

Current Account - Goods Current Account - Services

Export Original Import Original Export Original Import Original
Export SA Import SA Export SA Import SA
4,500 1,000
4,000
3,500 800
3,000
2,500
600
2,000
400
1,500
1,000 200
500
0 0
Sep-11

Dec-11

Feb-12

Mar-12

May-12
Oct-11

Jan-12
Jul-11

Aug-11

Nov-11

Apr-12

Jun-12
Sep-11

Feb-12
Oct-11

Jun-12
Jul-11

Mar-12
Aug-11

Nov-11

Dec-11

Apr-12

May-12
Jan-12

Note:
1.Trade data compiled by Pakistan Bureau of Statistics (PBS) and State Bank of Pakistan (SBP) may differ from each other due to the following
reasons:-
a. The SBP export and imports are based on realization of export proceeds and import payments made through the banking channel.
Information on exports and imports unaccounted for by the banking channel are collected from the relevant sources and added to the
exports/imports data reported by banks to arrive at the overall exports and imports. The trade data of PBS is, on the other hand, based on
physical movement of goods crossing the custom boundaries of Pakistan
b. SBP Imports are free on board (f.o.b) basis whereas PBS data is on cost, insurance & freight (c.i.f) basis.
2. SA stands for Seasonallay Adjusted.
3. All amounts are in million US Dollar
4. Secondary Income (Debit) do not follow seasonal patterns, so original series has been used as adjusted series.
5. Before analysing data, "Logistic Support" is subtracted from Current Account Cr. and Services Cr. which is added again after analysis.
Similarly, "grants for budgetary support" is subtracted from Secondary Income Cr. and added after analysis.

9
 Summary Balance of Payments
FY11
Current Account
Total Goods Services Primary Income Secondary Income
Period Workers'
Credit Debit Credit Debit Credit Debit Credit Debit Credit Remittances Debit
Credit
FY11 47,693 47,479 25,369 35,796 5,745 7,774 716 3,733 15,863 11,201 176
Jul-10 3,169 3,792 1,654 2,920 315 570 55 287 1,145 791 15
Aug-10 3,423 3,771 1,819 2,925 356 569 60 260 1,188 933 17
Sep-10 3,725 3,296 1,796 2,392 397 603 70 286 1,462 922 15
Oct-10 3,597 3,592 1,841 2,613 419 709 61 256 1,276 855 14
Nov-10 3,877 3,924 1,935 2,805 543 603 59 507 1,340 927 9
Dec-10 4,712 4,106 2,076 3,191 1,272 643 56 262 1,308 863 10
Jan-11 3,488 3,606 2,039 2,791 353 589 43 210 1,053 827 16
Feb-11 3,838 3,936 2,260 3,074 373 572 42 276 1,163 845 14
Mar-11 4,526 4,342 2,477 3,288 393 682 47 356 1,609 1,053 16
Apr-11 4,373 3,897 2,571 2,904 478 648 70 328 1,254 1,030 17
May-11 4,076 4,621 2,239 3,350 408 760 61 492 1,368 1,050 19
Jun-11 4,889 4,596 2,662 3,543 438 826 92 213 1,697 1,105 14

Seasonally Adjusted
FY11 47,675 47,464 25,290 35,833 5,718 7,758 722 3,699 15,831 11,211 176
Jul-10 3,294 3,821 1,723 2,856 361 595 69 359 1,181 797 15
Aug-10 3,548 3,813 1,853 2,812 367 578 68 327 1,168 812 17
Sep-10 3,622 3,245 1,835 2,304 428 609 78 273 1,346 990 15
Oct-10 3,446 3,701 1,881 2,687 376 672 57 249 1,258 840 14
Nov-10 4,067 3,704 2,079 2,826 558 589 53 355 1,383 1,026 9
Dec-10 4,523 3,925 2,058 3,063 1,120 615 42 270 1,199 853 10
Jan-11 3,824 3,930 2,130 2,977 405 626 44 278 1,240 869 16
Feb-11 4,128 4,420 2,316 3,478 406 643 51 343 1,295 921 14
Mar-11 4,350 4,207 2,359 3,226 399 680 53 352 1,458 1,016 16
Apr-11 4,277 4,060 2,390 3,164 452 646 75 303 1,338 1,014 17
May-11 4,073 4,388 2,113 3,243 442 746 58 361 1,416 1,016 19
Jun-11 4,521 4,250 2,552 3,198 404 760 75 230 1,549 1,058 14

Current Account - Goods Current Account - Services

Export Original Import Original Export Original Import Original
Export SA Import SA Export SA Import SA
4,000 1,400
3,500 1,200
3,000 1,000
2,500
800
2,000
600
1,500
1,000 400

500 200
- 0
Sep-10

Dec-10

Feb-11

Mar-11

Sep-10

Dec-10

Feb-11

Mar-11
May-11

May-11
Oct-10

Oct-10
Jan-11

Jan-11

Jun-11
Jul-10

Aug-10

Nov-10

Apr-11

Jun-11

Jul-10

Aug-10

Nov-10

Apr-11

Note:
1.Trade data compiled by Pakistan Bureau of Statistics (PBS) and State Bank of Pakistan (SBP) may differ from each other due to the following
reasons:-
a. The SBP export and imports are based on realization of export proceeds and import payments made through the banking channel.
Information on exports and imports unaccounted for by the banking channel are collected from the relevant sources and added to the
exports/imports data reported by banks to arrive at the overall exports and imports. The trade data of PBS is, on the other hand, based on
physical movement of goods crossing the custom boundaries of Pakistan
b. SBP Imports are free on board (f.o.b) basis whereas PBS data is on cost, insurance & freight (c.i.f) basis.
2. SA stands for Seasonallay Adjusted.
3. All amounts are in million US Dollar
4. Secondary Income (Debit) do not follow seasonal patterns, so original series has been used as adjusted series.
5. Before analysing data, "Logistic Support" is subtracted from Current Account Cr. and Services Cr. which is added again after analysis.
Similarly, "grants for budgetary support" is subtracted from Secondary Income Cr. and added after analysis.

10
 Summary Balance of Payments
FY10
Current Account
Total Goods Services Primary Income Secondary Income
Period Workers'
Credit Debit Credit Debit Credit Debit Credit Debit Credit Remittances Debit
Credit
FY10 38,126 42,072 19,680 31,132 5,213 6,987 561 3,843 12,672 8,906 110
Jul-09 2,959 3,692 1,559 2,815 271 569 46 305 1,083 745 3
Aug-09 2,819 2,946 1,471 2,183 323 495 28 262 997 780 6
Sep-09 3,143 3,264 1,606 2,470 281 533 25 231 1,231 806 30
Oct-09 3,120 3,708 1,632 2,747 363 698 59 259 1,066 758 4
Nov-09 2,797 3,050 1,433 2,184 333 572 27 291 1,004 743 3
Dec-09 3,124 3,872 1,619 2,736 369 644 56 485 1,080 698 7
Jan-10 2,834 3,316 1,636 2,533 246 503 67 275 885 668 5
Feb-10 3,109 3,084 1,543 2,341 627 498 51 240 888 589 5
Mar-10 3,365 3,444 1,856 2,474 289 599 69 366 1,151 764 5
Apr-10 3,555 3,905 1,819 2,914 622 619 41 349 1,073 756 23
May-10 3,760 3,706 1,717 2,633 1,087 587 48 473 908 758 13
Jun-10 3,541 4,085 1,789 3,102 402 670 44 307 1,306 841 6

Seasonally Adjusted
FY10 38,138 42,042 19,658 31,128 5,215 6,972 572 3,910 12,625 8,900 110
Jul-09 3,108 3,607 1,622 2,601 313 594 58 380 1,073 751 3
Aug-09 2,943 3,138 1,490 2,268 333 507 32 321 1,065 730 6
Sep-09 3,061 3,165 1,642 2,333 306 540 28 221 1,111 829 30
Oct-09 3,006 3,684 1,668 2,736 329 660 54 256 1,009 746 4
Nov-09 2,917 3,021 1,536 2,300 341 556 24 202 1,098 754 3
Dec-09 2,970 3,663 1,603 2,652 279 613 42 499 973 735 7
Jan-10 3,116 3,652 1,721 2,693 284 534 68 367 1,005 697 5
Feb-10 3,316 3,454 1,590 2,652 648 561 63 292 975 640 5
Mar-10 3,220 3,301 1,767 2,395 301 595 78 364 1,064 734 5
Apr-10 3,482 3,913 1,694 2,986 592 619 44 326 1,088 743 23
May-10 3,745 3,727 1,622 2,767 1,117 579 45 347 1,010 736 13
Jun-10 3,254 3,717 1,701 2,745 371 615 36 335 1,154 805 6

Current Account - Goods Current Account - Services

Export Original Import Original Export Original Import Original
Export SA Import SA Export SA Import SA
3,500 1,200
3,000 1,000
2,500
800
2,000
600
1,500
1,000 400

500 200

0 0
Oct-09
Sep-09

Feb-10

Mar-10
Jul-09

Dec-09

Jun-10
May-10
Aug-09

Nov-09

Jan-10

Apr-10

Apr-10
Sep-09

Feb-10

Mar-10

May-10
Jul-09

Aug-09

Oct-09

Nov-09

Dec-09

Jun-10
Jan-10

Note:
1.Trade data compiled by Pakistan Bureau of Statistics (PBS) and State Bank of Pakistan (SBP) may differ from each other due to the following
reasons:-
a. The SBP export and imports are based on realization of export proceeds and import payments made through the banking channel.
Information on exports and imports unaccounted for by the banking channel are collected from the relevant sources and added to the
exports/imports data reported by banks to arrive at the overall exports and imports. The trade data of PBS is, on the other hand, based on
physical movement of goods crossing the custom boundaries of Pakistan
b. SBP Imports are free on board (f.o.b) basis whereas PBS data is on cost, insurance & freight (c.i.f) basis.
2. SA stands for Seasonallay Adjusted.
3. All amounts are in million US Dollar
4. Secondary Income (Debit) do not follow seasonal patterns, so original series has been used as adjusted series.
5. Before analysing data, "Logistic Support" is subtracted from Current Account Cr. and Services Cr. which is added again after analysis.
Similarly, "grants for budgetary support" is subtracted from Secondary Income Cr. and added after analysis.

11
2. SA stands for Seasonallay Adjusted.
3. All amounts are in million US Dollar
4. Secondary Income (Debit) do not follow seasonal patterns, so original series has been used as adjusted series.
5. Before analysing data, "Logistic Support" is subtracted from Current Account Cr. and Services Cr. which is added again after analysis.
Similarly, "grants for budgetary support" is subtracted from Secondary Income Cr. and added after analysis.

Summary Balance of Payments

FY09
Current Account
Total Goods Services Primary Income Secondary Income
Period Workers'
Credit Debit Credit Debit Credit Debit Credit Debit Credit Remittances Debit
Credit
FY09 35,343 44,603 19,126 31,665 4,087 7,555 874 5,281 11,256 7,811 102
Jul-08 3,323 4,529 1,981 3,366 260 750 65 405 1,017 627 8
Aug-08 2,859 4,370 1,771 3,158 202 817 53 391 833 592 4
Sep-08 3,577 5,072 1,960 3,694 667 833 92 539 858 660 6
Oct-08 2,163 4,537 1,365 3,227 327 854 97 448 374 466 8
Nov-08 2,858 3,516 1,575 2,225 251 585 106 675 926 621 31
Dec-08 3,053 3,646 1,438 2,594 363 612 95 435 1,157 674 5
Jan-09 2,733 2,955 1,282 2,138 347 451 85 354 1,019 637 12
Feb-09 2,795 2,701 1,499 1,875 197 465 53 358 1,046 642 3
Mar-09 2,770 3,187 1,454 2,249 224 482 47 440 1,045 739 16
Apr-09 2,693 3,292 1,497 2,359 271 550 66 381 859 698 2
May-09 3,318 3,015 1,496 1,994 681 530 51 486 1,090 720 5
Jun-09 3,201 3,783 1,808 2,786 297 626 64 369 1,032 735 2

Seasonally Adjusted
FY09 35,475 44,421 19,167 31,381 4,092 7,553 875 5,316 11,352 7,800 102
Jul-08 3,515 4,378 2,061 3,121 300 781 82 504 992 633 8
Aug-08 3,001 4,700 1,783 3,265 209 842 61 468 904 580 4
Sep-08 3,512 4,832 2,007 3,396 696 848 102 517 768 578 6
Oct-08 2,094 4,368 1,387 3,039 301 806 89 448 341 523 8
Nov-08 2,985 3,653 1,688 2,538 256 566 95 469 1,044 643 31
Dec-08 2,874 3,401 1,415 2,472 278 580 70 445 1,058 687 5
Jan-09 2,998 3,147 1,360 2,208 385 478 86 474 1,104 660 12
Feb-09 3,027 3,020 1,561 2,128 210 524 66 430 1,159 696 3
Mar-09 2,637 3,149 1,383 2,233 236 477 53 438 997 708 16
Apr-09 2,638 3,324 1,406 2,489 249 551 70 362 877 685 2
May-09 3,272 3,076 1,412 2,096 700 525 48 357 1,189 703 5
Jun-09 2,923 3,372 1,705 2,396 272 575 53 404 920 704 2

Current Account - Goods Current Account - Services

Export Original Import Original Export Original Import Original
Export SA Import SA Export SA Import SA

4,000 900
3,500 800
3,000 700
2,500 600
500
2,000
400
1,500
300
1,000 200
500 100
0 0
Sep-08

Dec-08

Feb-09

Mar-09

May-09
Oct-08

Jan-09
Jul-08

Aug-08

Nov-08

Apr-09

Jun-09

Sep-08

Dec-08

Feb-09

Mar-09

May-09
Oct-08

Jan-09
Jul-08

Aug-08

Nov-08

Apr-09

Jun-09
Note:
1.Trade data compiled by Pakistan Bureau of Statistics (PBS) and State Bank of Pakistan (SBP) may differ from each other due to the following
reasons:-
a. The SBP export and imports are based on realization of export proceeds and import payments made through the banking channel.
Information on exports and imports unaccounted for by the banking channel are collected from the relevant sources and added to the
exports/imports data reported by banks to arrive at the overall exports and imports. The trade data of PBS is, on the other hand, based on
physical movement of goods crossing the custom boundaries of Pakistan
b. SBP Imports are free on board (f.o.b) basis whereas PBS data is on cost, insurance & freight (c.i.f) basis.
2. SA stands for Seasonallay Adjusted.
3. All amounts are in million US Dollar
4. Secondary Income (Debit) do not follow seasonal patterns, so original series has been used as adjusted series.
5. Before analysing data, "Logistic Support" is subtracted from Current Account Cr. and Services Cr. which is added again after analysis.
Similarly, "grants for budgetary support" is subtracted from Secondary Income Cr. and added after analysis.

12
2. SA stands for Seasonallay Adjusted.
3. All amounts are in million US Dollar
4. Secondary Income (Debit) do not follow seasonal patterns, so original series has been used as adjusted series.
5. Before analysing data, "Logistic Support" is subtracted from Current Account Cr. and Services Cr. which is added again after analysis.
Similarly, "grants for budgetary support" is subtracted from Secondary Income Cr. and added after analysis.

Summary Balance of Payments

FY08
Current Account
Total Goods Services Primary Income Secondary Income
Period Workers'
Credit Debit Credit Debit Credit Debit Credit Debit Credit Remittances Debit
Credit
FY08 37,243 51,117 20,448 35,282 3,564 10,157 1,613 5,536 11,618 6,451 142
Jul-07 2,701 3,500 1,528 2,399 205 766 57 327 911 496 8
Aug-07 2,739 3,496 1,579 2,256 213 761 67 446 880 490 33
Sep-07 2,752 3,426 1,510 2,252 187 698 150 464 905 516 12
Oct-07 3,094 3,834 1,626 2,593 225 792 166 441 1,077 580 8
Nov-07 2,844 4,561 1,545 2,948 242 977 145 623 912 506 13
Dec-07 2,936 4,306 1,526 2,966 313 817 251 509 846 479 14
Jan-08 3,088 4,633 1,660 3,318 200 905 195 406 1,033 557 4
Feb-08 3,092 4,031 1,646 2,910 483 754 115 363 848 503 4
Mar-08 3,713 4,865 1,862 3,520 308 927 124 413 1,419 602 5
Apr-08 3,360 4,906 1,938 3,384 286 1,006 128 501 1,008 591 15
May-08 3,334 4,646 2,017 3,237 236 806 134 595 947 585 8
Jun-08 3,590 4,913 2,011 3,499 666 948 81 448 832 547 18

Seasonally Adjusted
FY08 37,310 51,075 20,404 35,383 3,565 10,161 1,591 5,573 11,653 6,445 142
Jul-07 2,885 3,434 1,591 2,225 237 797 72 407 942 499 8
Aug-07 2,876 3,529 1,583 2,150 224 788 77 526 882 479 33
Sep-07 2,714 3,600 1,547 2,339 205 713 166 446 893 489 12
Oct-07 3,005 3,616 1,646 2,411 211 747 150 445 977 600 8
Nov-07 2,965 4,386 1,650 3,011 247 942 131 436 931 531 13
Dec-07 2,740 4,342 1,493 3,118 242 771 183 518 867 475 14
Jan-08 3,415 4,745 1,772 3,263 229 958 196 541 1,042 574 4
Feb-08 3,331 4,298 1,730 3,107 495 849 143 433 889 545 4
Mar-08 3,538 5,058 1,766 3,788 324 913 140 411 1,443 575 5
Apr-08 3,304 4,873 1,843 3,512 261 1,010 137 482 1,003 580 15
May-08 3,239 4,597 1,898 3,314 250 802 127 437 995 573 8
Jun-08 3,297 4,595 1,886 3,146 638 871 68 492 788 524 18

Current Account - Goods Current Account - Services

Export Original Import Original Export Original Import Original
Export SA Import SA Export SA Import SA

4,000 1,200
3,500 1,000
3,000
800
2,500
2,000 600
1,500 400
1,000
200
500
0 0
Sep-07

Feb-08

Mar-08

Apr-08
Aug-07

Nov-07

May-08
Jul-07

Oct-07

Dec-07

Jan-08

Jun-08
Feb-08
Sep-07

Dec-07

Mar-08

May-08
Oct-07

Jun-08
Jul-07

Jan-08

Apr-08
Aug-07

Nov-07

Note:
1.Trade data compiled by Pakistan Bureau of Statistics (PBS) and State Bank of Pakistan (SBP) may differ from each other due to the following
reasons:-
a. The SBP export and imports are based on realization of export proceeds and import payments made through the banking channel.
Information on exports and imports unaccounted for by the banking channel are collected from the relevant sources and added to the
exports/imports data reported by banks to arrive at the overall exports and imports. The trade data of PBS is, on the other hand, based on
physical movement of goods crossing the custom boundaries of Pakistan
b. SBP Imports are free on board (f.o.b) basis whereas PBS data is on cost, insurance & freight (c.i.f) basis.
2. SA stands for Seasonallay Adjusted.
3. All amounts are in million US Dollar
4. Secondary Income (Debit) do not follow seasonal patterns, so original series has been used as adjusted series.
5. Before analysing data, "Logistic Support" is subtracted from Current Account Cr. and Services Cr. which is added again after analysis.
Similarly, "grants for budgetary support" is subtracted from Secondary Income Cr. and added after analysis.

13
2. SA stands for Seasonallay Adjusted.
3. All amounts are in million US Dollar
4. Secondary Income (Debit) do not follow seasonal patterns, so original series has been used as adjusted series.
5. Before analysing data, "Logistic Support" is subtracted from Current Account Cr. and Services Cr. which is added again after analysis.
Similarly, "grants for budgetary support" is subtracted from Secondary Income Cr. and added after analysis.

Summary Balance of Payments

FY07
Current Account
Total Goods Services Primary Income Secondary Income
Period Workers'
Credit Debit Credit Debit Credit Debit Credit Debit Credit Remittances Debit
Credit
FY07 33,006 39,884 17,301 26,873 4,107 8,416 940 4,522 10,658 5,494 73
Jul-06 2,352 3,414 1,357 2,408 202 744 30 259 763 377 3
Aug-06 2,383 3,298 1,419 2,302 225 624 56 368 683 435 4
Sep-06 2,515 3,260 1,416 2,196 215 695 62 361 822 422 8
Oct-06 2,455 3,201 1,268 2,197 383 652 75 348 729 411 4
Nov-06 2,903 3,460 1,426 2,154 483 788 94 514 900 449 4
Dec-06 2,946 3,555 1,511 2,391 256 777 102 380 1,077 475 7
Jan-07 2,644 3,116 1,189 2,099 507 689 85 324 863 391 4
Feb-07 2,486 3,237 1,388 2,218 254 640 69 369 775 457 10
Mar-07 2,871 3,182 1,571 2,103 231 717 93 358 976 520 4
Apr-07 2,763 3,223 1,499 2,175 284 689 66 351 914 513 8
May-07 2,899 3,422 1,616 2,204 270 666 68 545 945 538 7
Jun-07 3,789 3,516 1,641 2,426 797 735 140 345 1,211 506 10

Seasonally Adjusted
FY07 32,989 40,060 17,277 27,085 4,122 8,424 928 4,541 10,716 5,481 73
Jul-06 2,530 3,515 1,416 2,406 233 772 38 322 851 383 3
Aug-06 2,495 3,306 1,416 2,212 239 649 64 429 676 427 4
Sep-06 2,496 3,293 1,455 2,166 236 713 68 347 781 420 8
Oct-06 2,394 3,116 1,278 2,088 372 615 68 353 688 426 4
Nov-06 3,017 3,354 1,519 2,267 488 758 86 362 922 465 4
Dec-06 2,729 3,613 1,469 2,506 200 730 74 384 1,077 442 7
Jan-07 2,893 3,151 1,275 2,023 537 728 85 429 883 418 4
Feb-07 2,707 3,616 1,471 2,525 268 721 86 438 855 492 10
Mar-07 2,716 3,221 1,485 2,196 242 705 105 357 932 495 4
Apr-07 2,727 3,293 1,442 2,296 260 693 71 341 985 503 8
May-07 2,783 3,266 1,514 2,157 281 665 65 400 931 527 7
Jun-07 3,502 3,315 1,536 2,244 767 676 119 379 1,137 482 10

Current Account - Goods Current Account - Services

Export Original Import Original Export Original Import Original
Export SA Import SA Export SA Import SA
3,000 900
2,500 800
700
2,000 600
1,500 500
400
1,000 300
500 200
100
0 0
Sep-06

Feb-07
Aug-06

Nov-06

Apr-07
Dec-06

Mar-07

May-07
Oct-06

Jun-07
Jul-06

Jan-07

Sep-06

Feb-07
Dec-06

Mar-07

May-07
Oct-06

Jun-07
Jul-06

Jan-07

Apr-07
Aug-06

Nov-06

Note:
1.Trade data compiled by Pakistan Bureau of Statistics (PBS) and State Bank of Pakistan (SBP) may differ from each other due to the following
reasons:-
a. The SBP export and imports are based on realization of export proceeds and import payments made through the banking channel.
Information on exports and imports unaccounted for by the banking channel are collected from the relevant sources and added to the
exports/imports data reported by banks to arrive at the overall exports and imports. The trade data of PBS is, on the other hand, based on
physical movement of goods crossing the custom boundaries of Pakistan
b. SBP Imports are on free on board (f.o.b) basis whereas PBS data is on cost, insurance & freight (c.i.f) basis.
2. SA stands for Seasonallay Adjusted.
3. All amounts are in million US Dollar
4. Secondary Income (Debit) do not follow seasonal patterns, so original series has been used as adjusted series.
5. Before analysing data, "Logistic Support" is subtracted from Current Account Cr. and Services Cr. which is added again after analysis.
Similarly, "grants for budgetary support" is subtracted from Secondary Income Cr. and added after analysis.

14
 Summary Balance of Payments
FY06
Current Account
Total Goods Services Primary Income Secondary Income
Period Workers'
Credit Debit Credit Debit Credit Debit Credit Debit Credit Remittances Debit
Credit
FY06 31,751 36,741 16,572 24,893 3,740 8,290 784 3,451 10,655 4,599 107
Jul-05 2,141 2,551 1,171 1,767 341 578 17 200 612 313 6
Aug-05 2,269 3,083 1,368 2,074 200 748 58 257 643 348 4
Sep-05 2,621 2,982 1,331 2,058 532 653 67 264 691 341 7
Oct-05 2,347 2,960 1,332 2,045 195 636 53 275 767 373 4
Nov-05 2,285 3,155 1,220 2,049 200 684 56 402 809 309 20
Dec-05 3,206 3,015 1,482 1,951 561 770 86 287 1,077 371 7
Jan-06 2,428 2,932 1,269 2,063 196 677 37 186 926 391 6
Feb-06 2,426 2,768 1,306 1,879 217 628 86 251 817 358 10
Mar-06 2,844 3,368 1,555 2,297 267 773 72 290 950 424 8
Apr-06 2,851 2,552 1,463 1,674 393 624 23 234 972 401 20
May-06 2,975 3,629 1,540 2,352 216 750 118 521 1,101 507 6
Jun-06 3,358 3,746 1,535 2,684 422 769 111 284 1,290 464 9

Seasonally Adjusted
FY06 31,705 36,627 16,543 24,787 3,744 8,295 780 3,408 10,654 4,599 107
Jul-05 2,302 2,645 1,224 1,756 369 599 22 250 665 319 6
Aug-05 2,367 3,056 1,363 1,961 214 780 67 297 652 340 4
Sep-05 2,614 2,906 1,371 1,908 552 671 74 255 650 352 7
Oct-05 2,285 3,033 1,342 2,098 188 600 47 280 752 333 4
Nov-05 2,380 3,009 1,295 2,122 204 657 51 284 807 358 20
Dec-05 2,987 2,960 1,437 1,991 501 720 62 289 1,038 353 7
Jan-06 2,700 3,052 1,363 2,028 224 715 37 245 982 409 6
Feb-06 2,642 3,096 1,388 2,142 228 708 108 296 898 386 10
Mar-06 2,685 3,310 1,468 2,278 279 758 81 292 867 407 8
Apr-06 2,822 2,731 1,416 1,907 374 628 25 228 1,076 397 20
May-06 2,846 3,429 1,439 2,265 222 750 112 382 1,107 501 6
Jun-06 3,073 3,400 1,437 2,330 390 708 95 311 1,160 445 9

Current Account - Goods Current Account - Services

Export Original Import Original Export Original Import Original
Export SA Import SA Export SA Import SA
3,000 900
800
2,500 700
2,000 600
500
1,500 400
1,000 300
200
500
100
0 0
Sep-05

Feb-06
Dec-05

May-06
Oct-05
Jul-05

Mar-06

Jun-06
Aug-05

Nov-05

Apr-06
Jan-06

Oct-05

Mar-06
Jul-05

Sep-05

Feb-06

May-06

Jun-06
Aug-05

Nov-05

Dec-05

Apr-06
Jan-06

Note:
1.Trade data compiled by Pakistan Bureau of Statistics (PBS) and State Bank of Pakistan (SBP) may differ from each other due to the following
reasons:-
a. The SBP export and imports are based on realization of export proceeds and import payments made through the banking channel.
Information on exports and imports unaccounted for by the banking channel are collected from the relevant sources and added to the
exports/imports data reported by banks to arrive at the overall exports and imports. The trade data of PBS is, on the other hand, based on
physical movement of goods crossing the custom boundaries of Pakistan
b. SBP Imports are free on board (f.o.b) basis whereas PBS data is on cost, insurance & freight (c.i.f) basis.
2. SA stands for Seasonallay Adjusted.
3. All amounts are in million US Dollar
4. Secondary Income (Debit) do not follow seasonal patterns, so original series has been used as adjusted series.
5. Before analysing data, "Logistic Support" is subtracted from Current Account Cr. and Services Cr. which is added again after analysis.
Similarly, "grants for budgetary support" is subtracted from Secondary Income Cr. and added after analysis.

Contact Person: Mr. Shamsul Arifeen, Additional Director

Phone No. 021-99221113
Email: shamsul.arifeen@sbp.org.pk
For Feedback: http://www.sbp.org.pk/stats/survey/index.asp

15