Pakistan’s high-speed diesel imports fell to zero in July 2026, reaching their lowest level in three years as local supply was sufficient to meet domestic demand, according to Topline Securities research based on data from the Oil Companies Advisory Committee.
The latest monthly figure marks the first time since July 2023 that Pakistan recorded no HSD imports. Data shows HSD imports had reached 288,000 tons in November 2025 before declining sharply in subsequent months.
Industry HSD upliftment stood at around 600,000 tons in July, broadly in line with sales levels.
According to Topline Securities, the higher availability of locally produced HSD should reduce Pakistan’s exposure to international price increases and support foreign exchange savings through lower import requirements.
The development comes amid continued volatility in Pakistan’s fuel market, with the government now adjusting petrol and HSD prices on a daily basis in response to movements in international oil markets. HSD prices have moved sharply in August, including a Rs. 32.63 per liter reduction on August 20, followed by several increases and cuts in the days since. As of August 29, HSD is priced at Rs. 371.44 per liter.
HSD is crucial to the wider economy because its use in goods transportation means diesel prices can directly affect freight costs, consumer prices and broader inflation trends across the economy.
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