Pakistan’s Gold imports recorded a sharp decline during the first 11 months of the current fiscal year, according to the latest data released by the Pakistan Bureau of Statistics (PBS).
The official figures showed that Gold imports fell by 47.79 percent during July-May FY2025-26 compared to the same period last year. This decline reflects lower spending on precious metal imports in the country.
During the period under review, Pakistan imported Gold worth $16.09 million. In comparison, the country had imported gold worth $30.817 million during July-May FY2024-25. The drop highlights a major shift in import trends.
In terms of quantity, Pakistan imported 306 kilograms of gold in the first 11 months of the fiscal year. This was lower than the 391 kilograms imported in the same period a year ago. The figures show a decline of 21.65 percent in volume.
Despite the overall fall, Gold imports showed strong growth in May 2026 on a yearly basis. According to PBS, imports surged by 228.38 percent compared to May 2025.
In May 2026, Pakistan imported gold worth $3.044 million. This was much higher than the $927,000 recorded in May last year. The increase points to stronger market activity during the month.
By quantity, gold imports also increased significantly. Pakistan imported 20 kilograms in May 2026, compared to only 9 kilograms in May 2025. This marked a rise of 125.93 percent.
On a month-on-month basis, Gold imports also posted growth. Imports rose by 28.33 percent in May 2026, up from $2.372 million in April 2026.
The import volume also increased by 35.56 percent during the same period. It rose from 15 kilograms in April to 20 kilograms in May.
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The latest PBS data shows that while overall Gold imports remained lower this fiscal year, recent monthly figures indicate renewed demand in the local market.
