We sought to assess the performance of 68 Ga-FAPI-04 PET/MR for the diagnosis of primary tumours as well as metastatic lesions in patients with pancreatic cancer and to compare the results with those of 18 F-FDG PET/CT. Prospectively, we evaluated 33 patients suspected to have pancreatic adenocarcinoma, of whom thirty-two were confirmed by histopathology, and one had autoimmune pancreatitis confirmed by needle biopsy and glucocorticoid treatment. Within 1 week, each patient underwent both 68 Ga-FAPI-04 PET/MR and 18 F-FDG PET/CT. Comparisons of the detection abilities for primary tumours, lymph nodes, and metastases were conducted for the two imaging approaches. The original maximum standard uptake values (SUV max ) and normalised SUV max (SUV max /SUV bkgd ) of paired lesions on 68 Ga-FAPI-04 PET/MR and 18 F-FDG PET/CT were measured and compared. Thirty pancreatic cancer patients and three pancreatitis patients were enrolled. 68 Ga-FAPI-04 PET/MR and 18 F-FDG PET/CT exhibited equivalent (100%) detection rates for primary tumours. The original/normalised SUV max of primary tumours on 68 Ga-FAPI-04 PET was markedly higher than that on 18 F-FDG ( p < 0.05). Sixteen pancreatic cancer patients had pancreatic parenchymal uptake, whereas 18 F-FDG PET images showed parenchymal uptake in only four patients (53.33% vs. 13.33%, p < 0.001). 68 Ga-FAPI-04 PET detected more positive lymph nodes than 18 F-FDG PET (42 vs. 30, p < 0.001), while 18 F-FDG PET was able to detect more liver metastases than 68 Ga-FAPI-04 (181 vs. 104, p < 0.001). In addition, multisequence MR imaging helped explain ten pancreatic cancers that could not be definitively revealed due to 68 Ga-FAPI-04 inflammatory uptake and identified more liver metastases than 18 F-FDG (256 vs. 181, p < 0.001). 68 Ga-FAPI-04 PET might be better than 18 F-FDG PET in the detection of suspicious lymph node metastases. MR multiple sequence imaging of 68 Ga-FAPI-04 PET/MR was helpful for explaining pancreatic lesions in patients with obstructive inflammation and detecting t...