Petroleum import bill records slight drop in April: SBP

MG News | May 16, 2025 at 04:14 PM GMT+05:00
May 16, 2025 (MLN): The import bill of the petroleum group decreased by 2.03% to $1.23 billion in April 2025, compared to $1.26bn recorded in April 2024, data released by the State Bank of Pakistan (SBP) showed.
Conversely, the imports of petroleum products rose by 10.5% MoM to $488.5 million compared to $442.04m recorded in March 2025.
In 10MFY25, the import bill of petroleum products was up by 5.33% to $5.17bn against $4.9bn recorded in the same period last year.
It is pertinent to mention that the overall import bill has increased by 17.37% YoY to $5.23bn in April 2025.
On a monthly basis, total imports rose by 5.9%, compared to imports worth $4.94bn in March 2025.
Cumulatively in 10MFY25, total imports increased by 11.7% to $48.62bn, compared to $43.5bn in 10MFY24.
The second and third-highest import categories were the Machinery and Agri, & Other Chemical Group, worth $791.7m and $789.6m, respectively, in April 2025.
The country’s Machinery imports were up by 4.23% YoY to $791.7m, compared to $759.5m in the same period last year.
Similarly, on a monthly basis, the Machinery group’s imports rose by 12.08%, compared to $706.3m in March 2025.
Under the Machinery group, Electrical Machinery & Apparatus emerged as the dominant Machinery import, standing at $357.25m, down by 1.44% YoY and increased by 31.38% MoM.
Likewise, the import of Telecom up by 13.08% YoY and increased by 0.48% MoM, reaching $166.6m in April 2025.
The imports of the Food group increased by 31.5% YoY and down by 11.09% MoM, reaching $649.54m.
Meanwhile, during 10MFY25, imports for the same group rose by 1.8%, totaling $6.28bn.
The import bill of the metal group stood at $484.53m, reflecting a 16.09% YoY and 1.18% MoM rise in April 2025.
Under the textile group, the country incurred an import expenditure of $547m, showing an increase of 38.33% YoY and down by 0.4% MoM.
Regarding the transport sector, the import bill rose by 108.77%, reaching $245.29m in April 2025, compared to $117.49m in April 2024.
This rise is attributed to an increase in the import of road motor vehicles, which stood at $233m, compared to $105m in April 2024, reflecting a 120.25% increase.
On a monthly basis, the transport import bill rose by 25%, compared to $196.17m recorded in March 2024.
Cumulatively in 10MFY25, transport sector imports increased by 25.25%, reaching $1.59bn, compared to $1.26bn in 10MFY24.
Copyright Mettis Link News
Related News
Name | Price/Vol | %Chg/NChg |
---|---|---|
KSE100 | 138,412.25 167.69M | 0.32% 447.43 |
ALLSHR | 85,702.96 423.92M | 0.15% 131.52 |
KSE30 | 42,254.84 82.09M | 0.43% 180.24 |
KMI30 | 194,109.59 84.37M | 0.15% 281.36 |
KMIALLSHR | 56,713.67 217.03M | 0.03% 16.37 |
BKTi | 37,831.34 13.04M | 1.62% 603.62 |
OGTi | 27,440.63 3.93M | -0.09% -23.70 |
Symbol | Bid/Ask | High/Low |
---|
Name | Last | High/Low | Chg/%Chg |
---|---|---|---|
BITCOIN FUTURES | 116,920.00 | 119,740.00 116,460.00 | -1375.00 -1.16% |
BRENT CRUDE | 73.38 | 73.63 71.75 | 0.87 1.20% |
RICHARDS BAY COAL MONTHLY | 96.50 | 0.00 0.00 | 2.20 2.33% |
ROTTERDAM COAL MONTHLY | 104.50 | 104.50 104.50 | -0.30 -0.29% |
USD RBD PALM OLEIN | 998.50 | 998.50 998.50 | 0.00 0.00% |
CRUDE OIL - WTI | 70.20 | 70.51 68.45 | 0.99 1.43% |
SUGAR #11 WORLD | 16.46 | 16.58 16.37 | -0.13 -0.78% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
Name | Last | Chg/%Chg |
---|
Name | Last | Chg/%Chg |
---|