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Money & Business

FBR Says the Pakistan-China Trade Data Gap Has Narrowed by 98%

The FBR says the trade data gap with China has narrowed by 98%.

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Pakistan China trade data gap reportedly narrowed from 32% to 0.54%
The FBR says the Pakistan-China trade data gap narrowed after 2023 figures were reconciled. Photo: Enable Pakistan

[keypoints]

  • The Pakistan-China trade data gap has reportedly narrowed by 98%

  • The FBR says it fell from 32% to 0.54% after 2023 figures were reconciled

  • The authority says different reporting methods can create a discrepancy

  • A discrepancy does not, by itself, prove under-invoicing

  • New reporting measures from July 2026 are meant to make the data clearer

Pakistan China trade data is closer after a reconciliation of 2023 figures, according to the Federal Board of Revenue. The gap has reportedly narrowed by 98%, from 32% to 0.54%.

In this article we set out what the FBR says the smaller gap means, and what it says the gap does not prove. Here is everything you need to know.

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What the FBR says about the Pakistan China trade data

The comparison is between Pakistan's figures and China's for 2023, after reconciliation. The reported result is a gap of 0.54%, down from 32%. The FBR's point is methodological: differences in how the two sides report trade can cause discrepancies, and a discrepancy does not automatically prove under-invoicing.

New reporting measures introduced in July 2026 are described as a way to improve transparency. The account does not list those measures.

Why it matters

A wide gap between two countries' trade books is often read as missing invoices. The FBR is asking for that reading to wait. The 98% narrowing is its evidence that reconciliation, not a new raid, closed most of the gap.

  • The source is the FBR
  • The year reconciled is 2023
  • The gap moved from 32% to 0.54%
  • The narrowing is reported as 98%
  • Under-invoicing is not treated as automatic
  • July 2026 reporting measures are the transparency step named

What this does not prove

  1. It does not say under-invoicing never happens.
  2. It does not publish the rupee or dollar value of the remaining 0.54%.
  3. It does not list the July 2026 reporting rules.
  4. It does not cover years after 2023.

What happens next

The next trade release will show whether 0.54% holds. We will update this article if the FBR publishes the July 2026 measures or a later year.

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Our verdict

Pakistan China trade data for 2023 shows a gap that the FBR says has narrowed by 98%, from 32% to 0.54%. The authority says a reporting difference is not, by itself, proof of under-invoicing.

Follow for more updates.

Frequently asked questions

How much did the gap narrow?

By 98%, according to the FBR, from 32% to 0.54%.

Which figures were reconciled?

2023 trade figures between Pakistan and China.

Does the FBR say this proves under-invoicing?

No. It says different reporting methods can cause a discrepancy, and that does not automatically prove under-invoicing.

What changed in July 2026?

New reporting measures aimed at clearer trade data. The measures themselves are not listed here.

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