Services exports are growing faster than imports. On the latest monthly run-rate, the chronic services deficit flips into a surplus in FY27 — for the first time in two decades. All figures in USD million. Source: monthly SBP balance-of-payments data.
Annual services exports (green) rise steeply while imports (pink) stay flat. The lines meet at FY27 run-rate, where exports finally overtake imports.
Red = deficit, green = surplus. Switch the lens: the annual gap is closing, and month-by-month the balance already turned positive in mid-2026.
"Run-rate" annualises the most recent month (×12); it signals the trend, not a booked full-year result. Marginal monthly surpluses (+$25M to +$57M) show the flip is early but real.