Pakistan’s import payments climb to $64.5bn in FY26

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MG News | July 17, 2026 at 05:39 PM GMT+05:00

July 17, 2026 (MLN): Import payments made through banks jumped to $6.15 billion in June 2026, rising 8.99% from $5.64bn in May 2026 and up 22.45% from $5.02bn in the same month last year, State Bank of Pakistan data showed.

On a cumulative basis, import payments for FY26 (Jul-25 to Jun-26) totaled $64.46bn, up 8.99% from $59.15bn recorded during FY25.

China remained the single largest source of import payments in June, accounting for $1.98bn, followed by the U.A.E. at $617.37m and Saudi Arabia at $428.89m.

Singapore ($372.67m), the U.S.A. ($275.11m), Brazil ($251.56m) and Indonesia ($217.31m) rounded out the other major sources for the month.

On a full-year FY26 basis, China led with $19.54bn in import payments, up 19.77% over FY25, followed by the U.A.E. at $8.36bn (up 5.08%) and Saudi Arabia at $4.04bn (up 7.68%).

Indonesia ($3.36bn) and the U.S.A. ($3.26bn) posted the sharpest annual gains among the top sources, rising 15.82% and 38.90% respectively, while Oman's payments surged 76.74% to $1.51bn.

Among the notable decliners for FY26, import payments from Qatar fell 33.22% to $2.33bn and from Kuwait fell 13.03% to $1.46bn compared with the same period last year.

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