Pakistan’s petroleum import bill drops 29% YoY to $1bn in July
The import bill of the petroleum group increased to $1.09bn in July 2026, marking a decrease of 28.71% YoY compared to the import bill of $1.28 bn recorded in July 2025, data released by the State Bank of Pakistan (SBP) showed. Similarly, the imports of petroleum products fell by 29.39% MoM compared to the bill of $1.55 bn in June 2026. It is pertinent to mention that the overall import bill has increased by 13.35% YoY to $6.15bn in June. Likewise on a monthly basis, imports have grown by 0.03% MoM compared to the imports worth $6.15 bn recorded in June 2026. The share of petroleum products in the total import bill stood at 17.76% in July 2026. With regards to the transport sector, the import bill posted a decline of 11.88% YoY and 20.15% MoM to $100.42m in October 2023, against $113.95m in October 2022 and $125.75m in September 2023.