Pakistan Crude Oil Imports 2026 Market Overview & Trends
Unlocking Opportunities in Pakistan Crude Oil Imports 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
Crude Oil Market Overview in Pakistan
AI Insight
Pakistan's crude oil imports demonstrate a strong recovery trajectory, with a 25.41% growth rate bringing 2024 values to $5.61 billion. While Saudi Arabia ($3.22B) and the UAE ($2.37B) remain the top suppliers, a significant shift is occurring. The UAE and USA show massive growth (99%+), while Saudi Arabia's share contracted by 8.1%. This suggests a diversification of energy sources. Pricing remains a key driver as import quantities hit 9.75 billion units, reflecting high domestic demand amidst volatile global market conditions.
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5-Year Import Volume
AI Insight
Pakistan's crude oil imports show a volatile but upward trajectory. From a low of $2.27 billion in 2020, values peaked in 2022 before settling at $5.61 billion in 2024. Quantity also increased significantly to 9.75 billion units in 2024, indicating strong demand recovery compared to previous years.
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Discover OpportunitiesTop 5 Supplier Countries
Saudi Arabia
United Arab Emirates
United States
Sao Tome and Principe
Kuwait
AI Insight
Saudi Arabia and the United Arab Emirates dominate the market, together accounting for nearly the entire import value. Saudi Arabia leads with $3.22 billion, followed by the UAE at $2.37 billion. Other suppliers like the United States and Kuwait contribute significantly smaller shares.
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See Key SuppliersImport Growth Analysis
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The market experienced a robust growth rate of 25.41%. This double-digit increase reflects a significant expansion in trade value or volume within the analyzed period, signaling a strong recovery or increased industrial requirement for crude oil imports.
Emerging Supply Markets
AI Insight
The United States and United Arab Emirates show explosive growth, with the US at 100% and UAE at 99.6%. Conversely, traditional partners like Saudi Arabia and Kuwait saw declines of 8.1% and 93.4% respectively, suggesting a shift in sourcing strategy.
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Explore Emerging MarketsRelated Products You May Import
AI Insight
Petroleum crude oil (HS 270900) remains the primary import product, reaching a total value of $5.61 billion in 2024. This single commodity represents the core of the sector's trade activity for Pakistan.
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Explore Related ProductsCrude Oil Import Requirements in Pakistan
Before Shipment
Documentation Required
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View RequirementsCrude Oil Imports and Free Trade Agreements in Pakistan
Maximize Your Crude Oil Exports: Explore Pakistan Free Trade Agreements and related import conditions.
Explore FTAs- China-Pakistan FTA
- Malaysia-Pakistan CEPA
- Sri Lanka-Pakistan FTA
- South Asian Free Trade Area (SAFTA)
- Indonesia-Pakistan PTA
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