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Agriculture: A failing agricultural export model
Past export surges have been driven either by higher international prices or temporary external developments
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Pakistan’s trade statistics at the close of FY26 reveal a worrying trend. Despite being an agrarian economy, the country’s trade deficit in food products has increased significantly. Food exports declined by 29.5 per cent, falling from $7.1bn in FY25 to $5.02bn in FY26, while food imports increased by 12pc, rising from $8.2bn to $9.15bn.
