Imports into Pakistan surge by whopping 95% YoY in Aug’21

September 17, 2021 (MLN): Imports into Pakistan during August 2021 amounted to Rs. 1,081,961 million (provisional) as against Rs. 889,779 million (provisional) in July 2021 and Rs. 556,064 million during August 2020, showing an increase of 21.60% over July 2021 and of 94.57% over August 2020.

According to the provisional figures compiled by the Pakistan Bureau of Statistics, in terms of US dollars, the imports in August 2021 were $ 6,593 million (provisional) as compared to $ 5,575 million (provisional) in July 2021 showing an increase of 18.26% and by 98.82% as compared to $ 3,316 million in August 2020.

Imports during July – August 2021 totaled Rs. 1,971,740 million (provisional) as against Rs. 1,168,727 million during the corresponding period of last year showing an increase of 68.71%.

In terms of US dollars, the imports during July – August 2021 totaled $ 12,168 million (provisional) as against $ 6,990 million during the corresponding period of last year, showing an increase of 74.08%.

The main commodities of imports during August 2021 were Petroleum products (Rs. 146,370 million), Medicinal products (Rs.74,712 million), Petroleum crude (Rs.72,609 million), Natural gas, liquefied (Rs. 62,316 million), Palm Oil (Rs. 53,005 million), Plastic Materials (Rs. 43,624 million), Iron & steel (Rs.38,773 million), Electrical machinery & apparatus (Rs.35,333 million), Power generating machinery (Rs.28,834 million) and Iron & steel scrap (Rs. 28,731 million).

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