Oil Imports Of Pakistan 2026 Market Overview & Trends
Unlocking Opportunities in Oil Imports Of Pakistan Market: Trends, Strategies, and Growth Insights
$5.6 b
Market Size
9.7 b Kg
Import Volume
United States
Key Trading Partner
~25.41%
Market Growth Rate
Oil Market Overview in Pakistan
AI Insight
Pakistan's oil import market is on a strong growth trajectory, recording a 25.41% growth rate in 2024. Total import volumes reached 9.75 billion units, a five-year high. Saudi Arabia remains the top supplier at $3.2B, though its growth slightly contracted by 8.1%. Conversely, the UAE and USA have emerged as high-growth partners, with the UAE nearly doubling its value to $2.37B. This shift suggests a diversifying supplier base. Petroleum crude oil remains the core commodity, totaling $5.61 billion, signaling robust demand for energy stakeholders.
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5-Year Import Volume
AI Insight
Pakistan's import value showed significant recovery in 2024, reaching $5.61 billion. While 2022 saw a peak in value, 2024 recorded the highest quantity in the five-year period at 9.75 billion units, reflecting a steady upward trajectory in volume since 2020.
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Discover OpportunitiesTop 5 Supplier Countries
Saudi Arabia
United Arab Emirates
United States
Sao Tome and Principe
Kuwait
AI Insight
The market is heavily concentrated, with Saudi Arabia ($3.22B) and the United Arab Emirates ($2.37B) serving as the primary suppliers. Combined, these two nations account for the vast majority of the import value, while the United States and Kuwait maintain much smaller market footprints.
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See Key SuppliersImport Growth Analysis
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The sector achieved a notable growth rate of 25.41%. This robust expansion indicates a strong market rebound and increasing demand, suggesting favorable conditions for suppliers and stakeholders involved in the trade of these commodities.
Emerging Supply Markets
AI Insight
Emerging trends show The United States and United Arab Emirates leading in growth, with the UAE nearly doubling its export value. In contrast, traditional partners like Saudi Arabia, Sao Tome and Principe, and Kuwait saw declines, with Kuwait's value dropping by over 93%.
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Explore Emerging MarketsRelated Products You May Import
AI Insight
Petroleum crude oil (HSCode 270900) is the dominant product in this category, accounting for a total value of $5.61 billion in 2024. This single commodity drives the bulk of the sector's trade activity and remains the critical focus for market stability.
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Explore Related ProductsOil Import Requirements in Pakistan
Before Shipment
Documentation Required
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View RequirementsOil Imports and Free Trade Agreements in Pakistan
Maximize Your Oil Exports: Explore Pakistan Free Trade Agreements and related import conditions.
Explore FTAs- China-Pakistan Free Trade Agreement
- Pakistan-Sri Lanka Free Trade Agreement
- Malaysia-Pakistan Closer Economic Partnership Agreement
- South Asian Free Trade Area (SAFTA)
- Pakistan-Mauritius Preferential Trade Agreement
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