Pakistan: Oilseeds and Products Update

Pakistan continues to expand its imports of soybeans in response to an increased tariff on soybean meal. 2015/16 imports are estimated at a record 1.3 million tons. For 2016/17, imports of soybeans are expected to climb to 2.0 million metric tons as the higher tariff takes full effect on sourcing decisions. Imports of soybean meal have dropped to 320,000 metric tons thus far in 2015/16 and total imports are likely to be well below 2015/16 imports of over one million tons.

Pakistan: Oilseeds and Products Update