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Home Breaking News

Pakistan fixes big trade data gaps with help from Customs & PBS

byCT Report
02/06/2025
in Breaking News, Latest News, National
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KARACHI: Pakistan Customs and the Pakistan Bureau of Statistics (PBS) have successfully fixed major differences in trade data after a detailed review. Earlier, the two agencies had differences of up to 32% in reported import values, especially from China. Now, after careful checks and updates, that gap has been reduced to just 0.54% in 2023.

What caused the problem?

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The issue was first noticed in a meeting held on May 20, 2025. Customs’ Director of Digitalization showed that PBS data was missing some types of import records, especially those related to Afghan Transit Trade and certain Goods Declaration (GD) types.

Who fixed it?

A special team was formed with members from Customs, PBS, the Directorate of Research & Statistics (DR&S), Pakistan Single Window (PSW), and Pakistan Revenue Automation Limited (PRAL). The group was led by Additional Director Ghulam Nabi Kamboh. They reviewed trade data from 2020 to 2024.

Major findings

One big discovery was the trade difference with China. The International Trade Centre reported $17.33 billion in Chinese exports to Pakistan in 2023, while PBS recorded only $11.76 billion. That’s a 32% gap. But when missing data types were added back in, the difference dropped to just 0.54%.

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