Karachi, March 23, 2025 – Pakistan has witnessed a significant rise in the imports of completely built unit (CBU) vehicles, with a 17.50% surge during the first eight months (July–February) of the fiscal year 2024-25 compared to the same period last year.
The increase in imports reflects a growing demand for vehicles, despite economic challenges and import restrictions imposed in previous years.
According to data released by the Pakistan Bureau of Statistics (PBS), the total value of CBU vehicle imports reached $247 million during the first eight months of FY25, up from $210 million in the corresponding period of FY24. This increase highlights renewed interest in the automotive sector and suggests easing restrictions on vehicle imports.
A detailed breakdown of the imports shows that heavy vehicles, including buses and trucks, recorded the highest growth. The imports of these vehicles surged by 62%, reaching $69 million during July–February FY25, compared to $42.60 million in the same period of the previous year. The rise in demand for commercial vehicles indicates increased industrial and transport sector activity.
Meanwhile, the imports of CBU passenger cars also witnessed a moderate increase. The data reveals a 6% rise, with car imports amounting to $176 million in July–February FY25, compared to $166.50 million in the same period of FY24. This growth in vehicle imports suggests consumer interest in imported cars remains stable, despite high duties and economic uncertainties.
The import of motorcycles in CBU condition has seen the sharpest percentage increase, growing by 56%. The total value of motorcycle imports reached $1.6 million during the first eight months of FY25, compared to $1.02 million in the same period of the last fiscal year.
The rising imports of vehicles indicate growing demand but also raise concerns regarding Pakistan’s trade deficit. Authorities may consider adjusting policies to balance economic growth while managing foreign exchange reserves.