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Mettis Global News
Mettis Global News

MPS Preview: High for Longer

Imports into Pakistan soar by 26.6% to $56bn in FY21

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July 19, 2021 (MLN): Imports into Pakistan during June, 2021 amounted to Rs. 995,843 million (provisional) as against Rs. 811,947 million (provisional) in May, 2021 and Rs. 611,449 million during June 2020 showing an increase of 22.65% over May, 2021 and of 62.87% over June 2020.

According to the provisional figures compiled by the Pakistan Bureau of Statistics, in terms of US dollars the imports in June, 2021 were $6,377 million (provisional) as compared to $5,297 million (provisional) in May, 2021 showing an increase of 20.39% and by 72.21% as compared to $3,703 million in June 2020.

On a cumulative basis, imports during July-June FY2021 totaled Rs. 8,986,371 million (provisional) as against Rs. 7,029,819 million during the corresponding period of last year showing an increase of 27.83%.

While, in terms of US dollars the imports during July-June FY2021 totaled $56,405 million (provisional) as against $44,553 million during the corresponding period of last year showing an increase of 26.60%.

Main commodities of imports during June, 2021 were Petroleum products (Rs. 113,787 million), Petroleum crude (Rs.59,761 million), Power generating machinery (Rs.50,794 million), Natural gas, liquefied (Rs. 49,083 million), Palm Oil (Rs. 42,366 million), Medicinal products (Rs.38,121 million), Electrical machinery & apparatus (Rs.34,669 million), Plastic Materials (Rs. 33,851 million), Mobile phones (Rs.31,963 million), Fertilizer manufactured (Rs. 27,767 million).

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Posted on: 2021-07-19T20:15:00+05:00

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