The surplus was largely driven by a substantial inflow of workers’ remittances, which rose to $3.18 billion during the month — reflecting an 11% year-on-year increase.

During September 2025, the country’s total exports of goods and services amounted to $3.43 billion, up 5% from $3.28 billion in the same period last year.

According to the SBP, total imports reached $6.02 billion, showing a 6% annual increase.

In the first quarter of FY2026, the current account recorded a cumulative deficit of $594 million, which is 18% higher than the $502 million deficit in the corresponding period of the previous year.

Slower economic growth and rising inflation helped contain the current account deficit, while an increase in exports also supported the improvement.

Meanwhile, analysts attributed the monthly surplus to better export performance, reduced imports of services, and steady remittance inflows. However, they cautioned that the quarterly data still indicates pressure on the external sector due to growing import demand.