Petroleum import bill rises by 28% YoY in Nov

December 17, 2025 (MLN): The import bill of the petroleum group increased to $1.01 billion in November 2025, marking a increase of 27.74% YoY compared to the import bill of $870.35 m recorded in November 2024, data released by the State Bank of Pakistan (SBP) showed.

Conversely, the imports of petroleum products fell by 22.07% MoM compared to the bill of $1.29 bn in October 2025.

Cumulatively in FY26 P, total imports marked a decline of 54.83% YoY to $4.97 m compared to imports of $11.01 m in FY25.

The share of petroleum products in the total import bill stood at 29469223.4% in November 2025.

In FY26 P, the import bill of petroleum products went significantly down by 2.03% YoY to $5.91 bn against $6.03 bn recorded in the same period last year.

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.

This decline is attributed to a fall in imports of road motor vehicles that stood at $83.19m compared to $106.49m in October 2022 and $104.46m in September, depicting a fall of 21.88% YoY and 20.37% MoM.

Cumulatively in 4MFY24, imports from the transport sector inched down by 0.96% YoY to $518.41m compared to imports of $523.44m in 4MFY23. Going forward, the import of agricultural and other chemicals inched up by 0.72% YoY and 7.58% MoM to clock in at $767.69m.

Meanwhile, during 4MFY24, the imports for the same group showed a decline of 7.33% YoY to clock in at $3bn. The country’s food imports went down by 16.36% YoY to $576.65m in October 2023 as compared to $689.41m in October 2022.

Conversely, on a monthly basis, the food group’s import surged by 25.39% MoM compared to the import worth $459.88m in September. Under the group, the imports of palm oil witnessed a decline of 26.74% YoY during the review period.

Likewise, the import of pulses fell by 31.51% YoY and 5.16% MoM to clock in at $52.23m in the review month. The data released by the central bank further shows that the machinery import witnessed an increase of 19.6% YoY to $523.86m in October against the imports of $438.03m in the SPLY.

Under the Machinery group, the major portion of import was associated with Electrical Machinery and apparatus as it stood at $153.29m, observing an increase of 54.91% YoY and 13.19% MoM.

The import bill associated with the metal group clocked at $453.82m, witnessing a rise of 35.67% YoY and 39.69% MoM, due to a massive jump in the import of iron and steel reported at $245.67m in October.

Under the textile group, the country incurred import expenditure worth $259.45m during the review period, up by 9.92% MoM, while down by 23.55% YoY.

Copyright Mettis Link News