Imports into Pakistan increase by 16% in April, MoM

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MG News | May 20, 2019 at 12:31 PM GMT+05:00

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May 20, 2019 (MLN): Imports into Pakistan during the month of April, 2019 amounted to Rs. 670,895 million, as against Rs. 578,273 million in March-19 and Rs. 586,224 million during April-18, showing an increase of 16.02% MoM and 14.44% YoY.

In terms of US dollars, the imports in April-19 amounted to $4,753 million as compared to $4,155 million in March-19, showing an increase of 14.39% but decreased by 6.42% as compared to $5,079 million in April-18.

Imports during the first 10 months of current fiscal year, i.e. July-April, totaled Rs. 6,047,496 million as against Rs. 5,355,223 million during the corresponding period of last year, showing an increase of 12.93%. In terms of US dollars the imports during the same period totaled $45,471 million as against $49,360 million during the corresponding period of last year, showing a decrease of 7.88%.

Main commodities of imports during April, 2019 were Petroleum products (Rs. 73,614 million), Petroleum crude (Rs. 60,951 million), Natural Gas Liquefied (Rs. 44,730 million), Plastic materials (Rs. 31,526 million), Iron & steel (Rs. 24,428 million), Electrical machinery & apparatus (Rs. 24,183 million), Raw cotton (Rs. 22,610 million), Palm oil (Rs. 21,610 million), Iron and steel scrap (Rs. 16,098 million) and Medicinal products (Rs. 14,400 million).

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