Pakistan’s trade gap with Gulf states narrows 4% on lower oil, LNG imports

Vehicles move past a shipping container yard along a road in Karachi, Pakistan, on June 10, 2025. (REUTERS/File)
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Updated 10 November 2025
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Pakistan’s trade gap with Gulf states narrows 4% on lower oil, LNG imports

  • Imports from GCC fall 5% to $4.6bn amid softer Brent crude, reduced RLNG demand
  • Pakistan begins importing US WTI crude after fresh tariff, aiming to reduce trade surplus with Washington

KARACHI: Pakistan’s trade deficit with Gulf Cooperation Council (GCC) states narrowed to $3.84 billion in the July–September quarter, down 4 percent from the same period last year, driven by falling global oil prices and reduced re-gasified liquefied natural gas (RLNG) imports, according to State Bank of Pakistan (SBP) data.

Pakistan’s imports from GCC countries declined 5 percent year-on-year to $4.61 billion, while exports to the bloc fell 11.4 percent to $767 million, the data showed.

“This contraction in our trade deficit with the Gulf region reflects the recent decrease in international brent prices as well as Pakistan’s reduced RLNG imports from Qatar in recent months,” Shankar Talreja, head of research at Topline Securities, told Arab News on Monday, noting that benchmark Brent crude prices declined more than 13 percent to $68.16 per barrel in the quarter.

“Oil prices have weakened by over $10 per barrel as a result petroleum imports are under control,” Talreja said.

Pakistan’s imports from Qatar dropped over 12 percent to $781 million in the period, SBP data shows. 

“For the last two-three months the government is deferring the purchase of RLNG cargo amidst its lower demand,” Talreja added. 

Pakistan remains heavily reliant on GCC suppliers for energy, with the UAE remaining its largest oil source. Total imports from the GCC stood at $17.9 billion in FY2025, compared to $3.79 billion in exports.

Meanwhile, Pakistan has begun diversifying its crude sourcing, with refiners importing US West Texas Intermediate (WTI) following tariff relief under Washington’s reciprocal tariff regime.

The adjustments helped Pakistan avoid duties of up to 29 percent on several export categories, as Islamabad seeks to narrow a goods trade surplus of around $3 billion with the United States.

Cnergyico, Pakistan’s largest oil refiner, imported the country’s first WTI cargo in late October and plans additional shipments in mid-November and early 2026, the company said last month.

Analysts expect Pakistan to continue balancing energy sourcing between Gulf and US suppliers depending on refinery economics, seasonal fuel demand and global price movements.


Party of Pakistan’s Imran Khan rejects government medical report, seeks independent eye exam

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Party of Pakistan’s Imran Khan rejects government medical report, seeks independent eye exam

  • Court-appointed lawyer earlier reported “severe vision loss” in custody
  • Party demands access for family doctor and treatment at private hospital

ISLAMABAD: The political party of Pakistan’s jailed former prime minister Imran Khan on Tuesday rejected what it described as a government-issued medical report about his eye condition, demanding authorities allow family members and his personal physician to examine him in prison.

Health concerns emerged last week after a court-appointed lawyer, Barrister Salman Safdar, visited Khan at Rawalpindi’s Adiala Jail and reported that the former premier had suffered “severe vision loss” in his right eye due to central retinal vein occlusion (CRVO), leaving him with about 15 percent sight in the affected eye.

Jail authorities said a team of doctors from multiple hospitals examined Khan on Sunday and submitted findings to a court. A two-page medical document circulated on social media and published by several local media outlets. but not officially released or verified by the government, stated that unaided vision in Khan’s right eye was 6/24 and 6/9 in the left, improving to 6/9 (partial) and 6/6 respectively with glasses.

The document said Khan was examined by Prof. Nadeem Qureshi of Al-Shifa Trust Eye Hospital and Prof. M. Arif of the Pakistan Institute of Medical Sciences, and that his personal physicians were briefed afterward.

“In light of Dr. Asim’s statement on the report issued by the government regarding the eye examination of Imran Khan, in which he said that he neither met Khan nor could he talk to him nor could he examine him or take care of him, therefore he can neither confirm nor deny it, Pakistan Tehreek-e-Insaf rejects this report,” the party said in a statement.

The party reiterated its demand that Khan’s family and personal physician be allowed to meet him and that he be examined at a private facility.

“To issue such a report by having doctors of one’s choice examine him shows that something is definitely being hidden,” it said.

Officials say Khan’s condition has improved and that treatment decisions rest with doctors and courts.

“His eye [condition] has improved and is better than before,” State Minister Tallal Chaudry told reporters on Monday.

“The Supreme Court of Pakistan is involved, and doctors are involved. What medicine he receives, whether he needs to be hospitalized or sent home, these decisions are made by doctors. Neither lawyers nor any political party will decide this.”

Khan’s health has sparked protests by supporters, including demonstrations and road closures in the northwestern Khyber Pakhtunkhwa province where his party governs, and a sit-in outside parliament in Islamabad.

Khan, a former cricket star who served as prime minister from 2018 to 2022 before being removed in a parliamentary vote of no confidence, has been in jail since August 2023 in multiple cases he says are politically motivated. The government denies the allegations.