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Edible oil · importers

Edible Oil Importers in Pakistan

Pakistan ranks ninth of 96 at $3.2B in the fats and oils chapter, but the chapter is the third largest in its own import bill, at 5.6% of everything the country buys.

$3.2BHS 15 imports, 2024
#9 of 96Rank among reporting markets
5.6%Share of all imports

Largest importers in the dataset, for context

MarketHS 15 imports
United States$17.2B
India$16.8B
China$12.6B
Netherlands$8.6B
Italy$7.0B

Read the figures correctly

Figures are for the whole of HS chapter 15 (animal or vegetable fats and oils). Source: UN Comtrade, as reported by national authorities; latest available year per market.

A strategic import line

Pakistan’s total imports are $56.5B, and fats and oils rank third among its import chapters, behind only mineral fuels at $17.8B and electrical machinery at $6.2B. At 5.6% of the total, it is the heaviest share of any market in this ranking. A buyer here handles a commodity that matters to the national trade balance and to household budgets.

For a seller, the market is bigger than the world ranking suggests.

Ninth, level with Belgium

France is above at $3.7B and Belgium is just below at $3.2B. Pakistan’s 2.2% share of reported world imports is essentially tied with Belgium’s, so the exact order is loose.

Payment security and changing conditions

Import conditions for cooking oils and access to foreign currency can change, and they affect when and how importers can pay. Confirm the current duty, licence and payment requirements with the authorities and your buyer, and agree a payment instrument that works for both sides, such as a bank letter of credit with clear terms.

Ask the importer about its refining and packing capacity, since many buy crude oil for local refining while others import finished oil.

  • Crude for local refining or finished oil
  • Payment instrument and currency availability
  • Current duty and licence conditions

Sources, scope and contacts

China, the United Arab Emirates, Saudi Arabia and Qatar lead the overall source list, which covers all goods and reflects Gulf trade links. The $3.2B covers the whole of HS chapter 15, so edible oils are a part, and re-exports can distort rankings.

Oil-heading shipment records name the consignees. Agree Incoterm, currency and port, and use this site’s free marketplace to approach your shortlist.

Questions

What is Pakistan's rank for this chapter?

Ninth of 96 markets at $3.2B in 2024, a 2.2% share of reported world imports.

How important are fats and oils to Pakistan's imports?

They are 5.6% of $56.5B and rank third among its import chapters.

Why raise payment security early?

Access to foreign currency can change, so agree an instrument that both sides trust.

How do I find Pakistani importers?

Search oil-heading shipment records and read consignees, weights and values.