Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

Imports into Pakistan surge by 8% YoY in September

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October 18, 2019 (MLN): Imports into Pakistan during the month of September 2019 amounted to Rs. 591 billion as against Rs. 589 billion in August 2019 and Rs. 545 billion during September 2018, showing an increase of 0.2% over August 2019 and 8.36% over September 2018.

As per the data gathered by Pakistan Bureau of Statistics, the imports in September 2019 in terms of US dollars stood at $3.78 billion as compared to $3.73 billion in August 2019, showing an increase of 1.42% but a decline of 13.9% as compared to $4.39 billion in September 2018.

Imports during July-September 2019 totaled Rs. 1.77 trillion as against Rs. 1.75 trillion during the corresponding period of last year, showing an increase of 0.93%.

In terms of US dollars the imports during July-September, 2019 totaled $11.2 billion as against $14.1 billion during the corresponding period of last year, showing a decrease of 20.59%.

Main commodities of imports during September 2019 were Petroleum products (Rs. 65.9 billion), Natural gas, liquified (Rs. 56.9 billion), Petroleum crude (Rs. 53.6 billion), Plastic materials (Rs. 22.9 billion), Palm oil (Rs. 21.9 billion), Iron and steel scrap (Rs. 20.5 billion), Iron and steel (Rs. 16.8 billion), Electrical machinery and apparatus (Rs. 16.5 billion), Mobile phone (Rs. 16.4 billion) and aircraft, ships & boats (Rs. 14.6 billion).

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Posted on: 2019-10-18T14:49:00+05:00

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