Key Points
- 01Pakistan’s tyre industry targets USD 150 million in exports for FY2026-27
- 02The FY2026-27 goal is about 29% higher than FY2025-26 exports of USD 116 million
- 03Service Long March plans to lift exports to USD 100 million in FY2026-27
- 04Commerce Ministry is working on market access, including issues with Türkiye
Tyre export target raised to USD 150 million
Pakistan’s tyre industry has set an export target of USD 150 million for fiscal year 2026-27, up from USD 116 million in FY2025-26. The goal implies export growth of about 29% and would add USD 34 million to the previous year’s earnings if achieved. The new target reflects the sector’s expanding role within Pakistan’s industrial export base and its ambition to deepen penetration in overseas markets.
The industry’s growth trajectory has been strong in recent years, with exports rising from USD 35 million in FY2021-22 to USD 116 million in FY2025-26. Manufacturers attribute this performance to increased international demand and improved local production capabilities supported by foreign partnerships.
Role of Service Long March in export growth
Service Long March Tyres Limited (SLM) has emerged as a key contributor to Pakistan’s tyre exports. The company recorded exports of USD 67 million in FY2025-26, accounting for about 58% of the sector’s total overseas earnings. Building on this base, SLM is targeting exports of USD 100 million in FY2026-27.
If SLM meets its goal, it would represent growth of roughly 49% over its previous year’s exports and would account for around two-thirds of the industry’s planned USD 150 million in exports. A senior industry official has confirmed these plans, underscoring SLM’s growing weight in the sector’s international sales.
SLM’s expansion is also linked to planned diversification of its product mix. In the passenger-car radial segment, the company intends to commence PCR tyre exports in 2028, which would broaden its overseas offering and potentially support further export growth beyond the FY2026-27 target horizon.
Government support and market access efforts
The Commerce Ministry has indicated it is working to address market access barriers and facilitate tyre export expansion. At a meeting chaired by Commerce Minister Jam Kamal Khan, participants discussed issues affecting Pakistani tyre exports to Türkiye. Officials noted that certain tyre categories already benefit from concessions under the bilateral Preferential Trade Agreement.
Exporters have been asked to provide specific product details and Harmonised System codes so that remaining issues can be taken up with Turkish authorities. The ministry has also highlighted tyre exports in discussions at the National Assembly Standing Committee on Commerce, stating that the government is extending facilitation for the sector.
Export markets and industry capabilities
Pakistani tyre manufacturers are supplying what they describe as tier-one markets, including the United States and Brazil. Serving these destinations requires adherence to international quality and safety standards alongside competitive cost structures. The growing presence in these markets signals confidence in the industry’s manufacturing capabilities.
Chinese technology and manufacturing partnerships have helped strengthen local production and enabled firms to serve a wider range of international customers and product categories. In the passenger-car radial segment, Armstrong began export sales in August 2026 and is supplying overseas markets including the United States, adding another participant to this export-focused segment.
If the industry meets its FY2026-27 export target, it would increase its contribution to Pakistan’s foreign exchange earnings and support further diversification of the country’s manufactured export base. The combination of company-level expansion plans and policy support forms the backdrop for the sector’s current export ambitions.
Key Takeaways
- 01The tyre sector is pursuing a clear export growth strategy, aiming to increase industry-wide overseas sales by about 29% in a single fiscal year.
- 02Service Long March’s planned USD 100 million in exports positions it as the primary driver of the sector’s FY2026-27 revenue ambitions.
- 03Government engagement on market access, including with Türkiye, is becoming a central element of the industry’s export push.
- 04Expanding sales in the United States, Brazil and other key destinations is tied to maintaining international quality standards and cost competitiveness.
- 05Rising exports and product diversification, including future PCR offerings, are set to deepen the tyre industry’s role in Pakistan’s foreign exchange earnings and export mix.