According to the latest data released by Pakistan Bureau of Statistics (PBS), total machinery imports during the month of May clocked in at $1.126 billion; posting a phenomenal growth of 10.12 percent from April’s imports of $1.022 billion with Office Machinery (inclusive Data Pros. Equipment) posting a phenomenal increase of 52.78 percent in imports during the period.
Compared to that, year on year growth in the Machinery imports also went up by more than 9.27 percent during the month of May. The total imports during the month of May 2018 against May 2017 grew by $95.543 million.
Machineries imported to Pakistan mainly include Power Generating Machinery, Construction and Mining machinery, Electrical Machinery and Apparatus, Textile Machinery and Agricultural Machinery.
|
Group |
May-18 |
Apr-18 |
May-17 |
% MOM |
% YOY |
|
Machinery Group |
1,126,189 |
1,022,660 |
1,030,646 |
10.12% |
9.27% |
|
Power Generating Machinery |
304,391 |
248,125 |
203,626 |
22.68% |
49.49% |
|
Office Mach. Inclusive Data Pros. Equipment |
62,704 |
41,041 |
66,978 |
52.78% |
-6.38% |
|
Textile Machinery |
41,863 |
45,442 |
55,573 |
-7.88% |
-24.67% |
|
Construction and Mining Machinery |
35,947 |
31,606 |
45,614 |
13.73% |
-21.19% |
|
Electrical Machinery & apparatus |
209,352 |
192,434 |
236,802 |
8.79% |
-11.59% |
|
telecom |
129,835 |
134,117 |
117,613 |
-3.19% |
10.39% |
|
Mobile Phone |
81,362 |
75,532 |
64,760 |
7.72% |
25.64% |
|
Other Apparatus |
48,473 |
58,585 |
52,853 |
-17.26% |
-8.29% |
|
agricultural Machine & implement |
6,635 |
9,730 |
15,630 |
-31.81% |
-57.55% |
|
Other Machinery |
335,462 |
320,165 |
288,810 |
4.78% |
16.15% |
Source: Pakistan Bureau of Statistics
The major chunk of imports under the Machinery head was mainly in the Power Generating Machinery which contributed a total of 27.03 percent of the entire imports. Total Power Generating Machinery imported during the month of May, 2018 clocked in by $304.391 million rise from $203.626 million same month last year.
PBS data reveals the second major chunk of imports under the Machinery was mainly in the Electrical Machinery and Apparatus category which contributed a total of 18.59 percent of the entire imports. Electrical Machinery and Apparatus imported during the month of May, 2018 clocked in at $209.352 million shortened from $236.802 million same month last year.
Furthermore, year on year imports in mobile phones went up by 25.64 percent during May, 2018 with a month on month increase by 7.72 percent.
Total Mobile phones and other Machinery imports clocked in at $81.362 million and $335.462 million during the month of May 2018.
