Imports into Pakistan come down by 9.4% MoM in August: PBS

September 20, 2019 (MLN): Imports into Pakistan during the month of August, 2019 amounted to Rs. 578,294 million as against Rs. 638,338 million in July, 2019 and Rs. 614,126 million during August, 2018 showing a decrease of 9.41% MoM and by 5.83% YoY.

As per the data gathered by Pakistan Bureau of Statistics (PBS), in terms of US dollars the imports in August, 2019 was $3,658 million as compared to $4,019 million in July, 2019, showing a decrease of 8.98% and by 26.26% as compared to $4,961 million in August, 2018.

Imports during July-August, 2019 totaled Rs. 1,216,632 million as against Rs. 1,211,953 million during the corresponding period of last year showing an increase of 0.39%.

In terms of US dollars the imports during July -August, 2019 totaled $7,677 million as against $9,769 million during the corresponding period of last year, showing a decrease of 21.41%.

Main commodities of imports during August, 2019 were Petroleum products (Rs. 76,215 million), Natural gas, liquified (Rs. 46,779 million), Electrical machinery and apparatus (Rs. 38,133 million), Plastic materials (Rs. 25,347 million), Palm oil (Rs. 23,792 million), Iron and steel (Rs. 23,695 million), Petroleum crude (Rs. 23,328 million), Iron and steel scrap (Rs. 19,415 million), Power generating machinery (Rs. 15,564 million) and Medicinal Products (Rs. 13,692 million).

Copyright Mettis Link News