Karachi, June 19, 2025 – Despite heightened geopolitical tensions in May 2025, Pakistan recorded $15.05 million in imports from India, according to data released by the State Bank of Pakistan (SBP). This figure represents a decline from $20 million in April 2025 and $17 million in May 2024.
The month saw severe tensions between the two nuclear-armed neighbors, as India launched airstrikes on Pakistani territory, resulting in the martyrdom of 26 civilians and injuries to 46 others. Pakistan responded with its own countermeasures. The escalation prompted global concern, leading to U.S. President Donald Trump mediating a ceasefire between the countries.
In response to Indian aggression, Pakistan’s Ministry of Commerce announced a sweeping trade ban on May 4, 2025. The notification stated:
“In the interest of national security and public interest, the government is pleased to prohibit:
• The import of Indian-origin goods by third countries via sea, land, and air routes transiting through Pakistan;
• Goods imported from India by third countries via similar routes;
• Exports of third countries to India transiting through Pakistan.”
However, the ban excluded shipments covered by Bills of Lading (B/L) or Letters of Credit (L/C) issued before the notification date.
Under import policy of Pakistan, the imports from India are not allowed, except for some permissible goods.
From July 2024 to May 2025, Pakistan’s total imports from India amounted to $211.42 million, up from $189.08 million during the same period of the previous fiscal year.
On the export front, Pakistan’s trade with India sharply declined. In May 2025, exports stood at a mere $1,000—down from $114,000 in April 2025 and $2.17 million in May 2024. Cumulatively, Pakistan’s exports to India during July–May 2024-25 were $519,000, significantly lower than the $3.43 million recorded in the comparable period last year.
The figures highlight that even amid political volatility, limited bilateral trade—especially Pakistan’s imports from India—persisted due to prior contractual obligations.