Abstract
The study measures an overall import smuggling in Pakistan, using Monetary Approach covering the period from fiscal years 1973 to 2010. The results show a rising trend in import smuggling as a percentage of imports in the early period of analysis but it declines afterwards. The main factor responsible for such a trend is trade restrictions; the tariffs and other import restrictions were imposed in 1970s through mid- 1980s and were relaxed later. The study paves the way for further research in this avenue by employing new approach for measurement of import smuggling in Pakistan.