ISLAMABAD – Pakistan’s imports of heavy commercial vehicles reached a record high during the first 11 months of fiscal year 2025-26, reflecting stronger demand from the transport and logistics sectors amid improving economic activity and lower borrowing costs.
According to data released by the State Bank of Pakistan (SBP), imports of buses and trucks stood at $262.4 million during July-May FY26, compared with $57.8m in the corresponding period last year, marking an increase of more than 350 per cent.
The latest figures represent the highest value of heavy commercial vehicle imports recorded in the country’s history.
SBP data showed that most of the imported vehicles entered Pakistan as completely built units (CBUs), indicating that transport operators and corporate buyers preferred fully assembled buses and trucks to expand and modernise their fleets.
The increase comes as declining interest rates have reduced financing costs, encouraging transport and logistics companies to invest in new commercial vehicles.
The recovery in business activity, along with government support for the transport and logistics sector, has also contributed to higher demand, according to the data.
The rise in industrial output, construction activity, freight movement and inter-provincial trade has further increased the need for heavy-duty transport, prompting many operators to replace ageing fleets with newly imported vehicles.