--- title: "Pakistan's pharmaceutical exports decline in FY26 and early FY27" description: "Most outlets reported a significant drop in pharmaceutical exports in FY26, with the decline continuing into the first quarter of FY27. Dawn attributed the fall partly to the halt in trade with Afghanistan, while Business Recorder explicitly linked the decline to the disruption of trade with Afghanistan, noting it was once a major market for Pakistani medicines." url: https://harzaviya.com/stories/15749-pharma-exports-fall-in-fy26-decline-extends-into-q1fy27 site: HarZaviya language: en --- # Pakistan's pharmaceutical exports decline in FY26 and early FY27 business · updated 22 Oct 2026, 12:48 PM PKT · 22 Oct 2026 · 5 articles from 4 outlets **HarZaviya summary** — how 4 outlets covered this, generated automatically from their headlines and excerpts: > Most outlets reported a significant drop in pharmaceutical exports in FY26, with the decline continuing into the first quarter of FY27. Dawn attributed the fall partly to the halt in trade with Afghanistan, while Business Recorder explicitly linked the decline to the disruption of trade with Afghanistan, noting it was once a major market for Pakistani medicines. ## Same story from 4 outlets Each outlet's own headline, most recent first — read any at its source. - **Profit** — [Pakistan’s pharma exports fall over 30% in FY26, decline further in first quarter of FY27](https://profit.pakistantoday.com.pk/2026/10/22/pakistans-pharma-exports-fall-over-30percent-in-fy26-decline-further-in-first-quarter-of-fy27) · 22 Oct 2026, 12:48 PM PKT > Export earnings drop $138.444 million in FY26 and another 25.53% in 1QFY27 as disrupted trade with Afghanistan weighs on pharmaceutical shipments - **BOL News** — [Pakistan's pharmaceutical exports plunge after Afghanistan trade disruption](https://www.bolnews.com/business/pakistans-pharmaceutical-exports-plunge-after-afghanistan-trade-disruption) · 22 Oct 2026, 12:31 PM PKT · 90% identical wording to the newest filing > Pakistan's pharmaceutical exports plunged 25.53% to $73.301 million in FY26. Afghanistan trade disruption caused a significant $25M earnings drop. - **Business Recorder** — [Pharma exports fall in FY26; decline extends into Q1FY27](https://www.brecorder.com/news/40445319/pharma-exports-fall-in-fy26-decline-extends-into-q1fy27) · 22 Oct 2026, 6:00 AM PKT · 94% identical wording to the newest filing > KARACHI: Pakistan’s pharmaceutical exports fell sharply in FY26 and continued to decline in the first quarter of FY27, as disruption of trade with Afghanistan, once one of the country’s major markets for medicines, weighed on the sector’s export performance. Pakistan exported pharmaceutical products worth USD319.012 million in FY26, down from USD457.456 million in FY25, according to Pakistan Bu... - **Dawn** — [Afghan trade halt hits pharma exports](https://www.dawn.com/news/2038899/afghan-trade-halt-hits-pharma-exports) · 22 Oct 2026, 5:41 AM PKT · 90% identical wording to the newest filing > KARACHI: After contracting by 30.26 per cent in FY26, the country’s pharmaceutical exports continued to decline, falling 25.53pc in value in the first quarter of 2026-27. The industry largely attributes the drop to disrupted trade with Afghanistan, once one of the country’s main medicine markets. Pakistan Bureau of Statistics data showed that pharmaceutical exports fell to $319.012m in FY26 fro... ## Part of a bigger story Other stories whose coverage resembles this one, nearest first. "% related" compares whole stories, not single articles — see [what the percentages mean](https://harzaviya.com/methodology). - [Pakistan’s exports to Central Asian states decline in FY26](https://harzaviya.com/stories/5122-afghan-border-closure-drags-pakistan-central-asia-trade-down) · 28 Aug 2026 · 2 outlets · 76% related - [Pharma companies’ profits rise 28% in FY26](https://harzaviya.com/stories/12686-listed-pharma-firms-fy26-profits-rise-28-to-rs42-2bn) · 7 Oct 2026 · 4 outlets · 71% related - [Pakistan Reports Growth in Goods and Services Exports in Recent Months](https://harzaviya.com/stories/11953-trade-deficit-worsens-again) · 6 Oct 2026 · 14 outlets · 3 developments · 71% related - [Minister outlines $10b pharma export goal and calls for industry collaboration](https://harzaviya.com/stories/3281-increasing-pharma-exports-to-usd10bn-minister-calls) · 15 Aug 2026 · 3 outlets · 71% related 5 articles from 4 outlets, 22 Oct 2026. 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