Pakistan’s petroleum imports climbed 2.23% to $14.953 billion during the first 11 months of the 2025-26 fiscal year, according to data reported by local media outlets.
The increase in the overall petroleum group highlights the continued pressure on the country’s trade balance as it navigates a period of elevated global energy prices.
The uptick in import spending comes as rising global oil prices seep into the domestic economy, squeezing margins for manufacturers dependent on imported raw materials.
This dynamic exacerbates the strain on the current account, a critical metric for a nation that has historically relied on external financing to cover trade deficits.
The data underscores the broader regional challenge of energy security and cost management.
While neighboring India has accelerated its shift toward the United States for liquefied natural gas (LNG) and liquefied petroleum gas (LPG) imports to diversify supply, Pakistan’s import bill continues to reflect the high cost of securing essential energy inputs.