Karachi, July 24, 2025 – Pakistan has recorded increase in imports from India during fiscal year 2024-25, official data revealed.
According to import payment data released by the State Bank of Pakistan (SBP), the country’s imports from India rose to $221 million in fiscal year 2024-25 as compared with $207 million in the preceding fiscal year.
However, export receipts of Pakistan on exports to India fell significantly to $1.43 million in fiscal year 2024-25 as compared with $3.45 million in the preceding fiscal year.
The trade numbers between the two neighboring countries are important because both the economies have no official trade links.
The fiscal year 2024-25 is even more important because both the national went to fierce battle in May 2025. 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.
However, due to this tension the import payment of Pakistan to Indian goods fell to $9.16 million in June 2025 as compared with $15.05 million in May 2025 and 17.82 million in June 2024.