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How are Pakistan’s imports from India growing again despite tensions?

How are Pakistan’s imports from India growing again despite tensions?

Summary

Pakistan’s imports from India have risen despite trade restrictions imposed after the 2025 conflict, with central bank data showing a year-over-year increase in the latest July-to-September period. Medicines and related products dominate the trade, and Pakistan’s rules have allowed regulated therapeutic products to enter despite broader import bans.

Key Facts

  • Pakistan imported $61.7 million worth of goods from India from July to September, up 69 percent from the same period a year earlier.
  • The State Bank of Pakistan recorded $36.6 million in payments for Indian imports from July to September 2025.
  • Monthly payments for Indian imports fell from $20 million in April 2025 to $8.2 million in July, then rose to $19.6 million in September.
  • Pakistan paid $203.8 million for Indian imports in the 2025–2026 fiscal year, 7.6 percent less than in the previous fiscal year.
  • Government trade data valued imports in the latest July-to-September quarter at $62.6 million, compared with $66.6 million a year earlier.
  • Organic chemicals and pharmaceutical products made up 96.2 percent of Pakistan’s imports from India in 2025–2026.
  • Imports of vaccines, blood products and similar goods reached $93.6 million in 2025–2026, including $32.3 million in human-use vaccines.
  • Pakistan banned imports originating in or shipped from India in 2019, then exempted regulated therapeutic products less than a month later.
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