diff --git a/src/bindings/python/src/openvino/_ov_api.py b/src/bindings/python/src/openvino/_ov_api.py
index 7133f180deeeae..cf06667483cf81 100644
--- a/src/bindings/python/src/openvino/_ov_api.py
+++ b/src/bindings/python/src/openvino/_ov_api.py
@@ -632,14 +632,14 @@ def query_model(
 
     def import_model(
         self,
-        model_stream: bytes,
+        model_stream: Union[bytes, io.BytesIO, Tensor],
         device_name: str,
         config: Optional[dict[str, Any]] = None,
     ) -> CompiledModel:
         """Imports a compiled model from a previously exported one.
 
-        :param model_stream: Input stream, containing a model previously exported, using export_model method.
-        :type model_stream: bytes
+        :param model_stream: Input stream or tensor, containing a model previously exported, using export_model method.
+        :type model_stream: Union[bytes, io.BytesIO, openvino.Tensor]
         :param device_name: Name of device to which compiled model is imported.
                             Note: if device_name is not used to compile the original model,
                             an exception is thrown.
diff --git a/src/bindings/python/src/pyopenvino/core/core.cpp b/src/bindings/python/src/pyopenvino/core/core.cpp
index 3d0b7c6add2e18..86d0166cf14c5d 100644
--- a/src/bindings/python/src/pyopenvino/core/core.cpp
+++ b/src/bindings/python/src/pyopenvino/core/core.cpp
@@ -533,6 +533,35 @@ void regclass_Core(py::module m) {
             :rtype: openvino.Model
         )");
 
+    cls.def(
+        "import_model",
+        [](ov::Core& self,
+           const ov::Tensor& exported_blob,
+           const std::string& device_name,
+           const std::map<std::string, py::object>& properties) {
+            const auto _properties = Common::utils::properties_to_any_map(properties);
+            ConditionalGILScopedRelease release;
+            return self.import_model(exported_blob, device_name, _properties);
+        },
+        py::arg("tensor"),
+        py::arg("device_name"),
+        py::arg("properties"),
+        R"(
+            Imports a compiled model from a previously exported one.
+
+            GIL is released while running this function.
+
+            :param compiled_blob: ov::Tensor input blob containing a model previously exported using the ov::CompiledModel::export_model method.
+            :type compiled_blob: openvino.Tensor
+            :param device_name: Name of device to which compiled model is imported.
+                                Note: if device_name is not used to compile the original model, an exception is thrown.
+            :type device_name: str
+            :param properties: Optional map of pairs: (property name, property value) relevant only for this load operation.
+            :type properties: dict[str, typing.Any], optional
+            :return: A compiled model.
+            :rtype: openvino.CompiledModel
+        )");
+
     cls.def(
         "import_model",
         [](ov::Core& self,
diff --git a/src/bindings/python/tests/test_runtime/test_compiled_model.py b/src/bindings/python/tests/test_runtime/test_compiled_model.py
index bee43090ac9629..634e72de2ac9d4 100644
--- a/src/bindings/python/tests/test_runtime/test_compiled_model.py
+++ b/src/bindings/python/tests/test_runtime/test_compiled_model.py
@@ -9,6 +9,7 @@
 from tests.utils.helpers import (
     get_relu_model,
     generate_image,
+    tensor_from_bytes,
     generate_model_and_image,
     generate_concat_compiled_model,
     generate_relu_compiled_model,
@@ -38,7 +39,7 @@ def test_get_runtime_model(device):
     assert isinstance(runtime_model, Model)
 
 
-def test_export_import(device):
+def test_export_import_stream(device):
     core = Core()
 
     if props.device.Capability.EXPORT_IMPORT not in core.get_property(device, props.device.capabilities):
@@ -56,6 +57,25 @@ def test_export_import(device):
     assert np.argmax(res[new_compiled.outputs[0]]) == 531
 
 
+def test_export_import_tensor(device):
+    core = Core()
+
+    if props.device.Capability.EXPORT_IMPORT not in core.get_property(device, props.device.capabilities):
+        pytest.skip(f"{core.get_property(device, props.device.full_name)} plugin due-to export, import model API isn't implemented.")
+
+    compiled_model = generate_relu_compiled_model(device)
+
+    user_stream = compiled_model.export_model()
+    exported_model_tensor = tensor_from_bytes(user_stream)
+
+    new_compiled = core.import_model(exported_model_tensor, device)
+
+    img = generate_image()
+    res = new_compiled.infer_new_request({"data": img})
+
+    assert np.argmax(res[new_compiled.outputs[0]]) == 531
+
+
 def test_export_import_with_encryption(device):
     core = Core()
 
diff --git a/src/bindings/python/tests/utils/helpers.py b/src/bindings/python/tests/utils/helpers.py
index 919b01b4186d5f..9185bdf65940ca 100644
--- a/src/bindings/python/tests/utils/helpers.py
+++ b/src/bindings/python/tests/utils/helpers.py
@@ -2,6 +2,7 @@
 # Copyright (C) 2018-2025 Intel Corporation
 # SPDX-License-Identifier: Apache-2.0
 
+import io
 from typing import Union
 
 import os
@@ -118,6 +119,11 @@ def generate_image(shape: tuple = (1, 3, 32, 32), dtype: Union[str, np.dtype] =
     return np.random.rand(*shape).astype(dtype)
 
 
+def tensor_from_bytes(stream: io.BytesIO) -> Tensor:
+    stream.seek(0)
+    return Tensor(np.frombuffer(stream.getbuffer(), dtype=np.uint8))
+
+
 def get_model_with_template_extension():
     core = Core()
     ir = bytes(b"""<net name="Activation" version="10">