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Pakistan’s edible oil import bill to hit $6bn

June 12, 2026
Edible oil bottles can be seen in this image.—Reuters/File
Edible oil bottles can be seen in this image.—Reuters/File

ISLAMABAD: Pakistan’s edible oil import bill is estimated to reach $6 billion in FY2026, while domestic production meets only about 10 percent of total requirements.

This staggering import dependence drains foreign exchange and exposes the country to global price shocks, according to the Economic Survey.

“Domestic production is expected to meet around 10 percent of total edible oil requirements, broadly in line with the previous year,” the survey said.

The government has submitted a “Comprehensive Plan for Enhancing Indigenous Production of Edible Oil for Import Substitution” targeting 27 percent self-sufficiency in the short term, 40 percent in the medium term, and 70 percent over the long term, but no binding targets or funding were announced.