Pakistan’s imports of completely built-up (CBU) buses, trucks, and other heavy vehicles climbed to an all-time high of $262.4 million, up 354 percent year-on-year in 11 months of FY2025-26 (11MFY26), according to the latest State Bank of Pakistan (SBP) figures.
This figure is the highest import value on record, comfortably surpassing the previous peak of $177.1 million recorded in 11MFY22. Imports were just $57.8 million during the same period last year.
Topline Securities attributes the surge to strong demand from Pakistan’s transport and logistics sector as businesses expand fleet capacity to support rising economic activity.
The increase has also been aided by government incentives, improving business confidence, and lower interest rates, which have reduced financing costs for commercial vehicle purchases.
The sharp rise in heavy vehicle imports signals renewed investment in the country’s freight and passenger transport industry after several years of subdued demand caused by import restrictions, high borrowing costs, and economic uncertainty.
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Topline Securities is as incompetent as our government. Very unfortunate? Guys think it as flight of capital, not growth of business. Go join pre kg again.