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 Despite a brief military conflict and the continued closure of borders, trade between Pakistan and India persisted in May, primarily through a third country. The official data showed that imports from India reached a three-year high during July-May FY25, Dawn reported quoting the data of the State Bank of Pakistan (SBP).

It showed that imports from India totalled USD 211.5 million in the first 11 months of FY25 — surpassing USD 207m in FY24 and USD 190m in FY23. In May alone



— when the four-day conflict broke out in the first week—imports stood at USD 15 million, slightly down from USD 17 million in the same month last year.

However, Pakistan’s exports to India remained negligible. In May, exports to India were recorded at just USD 1,000, while total exports during July-May FY25 were only USD 0.5 million. In FY24 and FY23, exports stood at USD 3.44 million and USD 0.33 million, respectively—highlighting the highly one-sided nature of bilateral trade.
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