Petroleum Imports Down Trade Deficit Rises
Pakistan’s Petroleum Imports See Mixed Trends, Trade Deficit Widens
KARACHI – Pakistan’s total petroleum imports for July-August 2025-26 dropped slightly to $2.54 billion, down from $2.66 billion during the same period last year, according to recent trade data.
Breaking down the figures, imports of petroleum products rose sharply by 17.77 percent, climbing from $840.49 million in July 2024 to $989.83 million this year. In contrast, crude oil imports fell by 6.11 percent, from $944.71 million to $887.03 million.
Liquefied Natural Gas (LNG) imports experienced a steep decline of 28.81 percent, dropping from $713.08 million last year to $507.65 million, while Liquefied Petroleum Gas (LPG) imports also fell 6.06 percent, from $163.87 million to $153.94 million.
On a year-on-year basis, the petroleum group imports decreased by 14.67 percent in August 2025, totaling $1.19 billion compared to $1.40 billion in August 2024. Month-on-month, imports also fell by 11.38 percent in August, down from $1.35 billion in July.
Overall Trade Performance
Meanwhile, Pakistan’s exports recorded a modest increase of 0.65 percent during the first two months of the fiscal year, reaching $5.10 billion, up from $5.07 billion during the same period last year.
However, imports surged by 14.53 percent to $11.14 billion, compared to $9.73 billion previously, pushing the trade deficit higher by 29.63 percent. The deficit widened from $4.66 billion in July-August 2024 to $6.04 billion this year.
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