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Sunday, December 4, 2022
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Machinery group imports decreased by 4.34 percent

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Machinery group imports decreased by 4.34 per cent during the first six months of the current fiscal year compared to the same duration of the previous year.

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As per Pakistan Bureau of Statistics (PBS) on Friday, imports from the Machinery category dropped from $4,433,056 in the last fiscal year in FY 2019-20 to US $4,240,484 in the same span of the current financial year.

Imports of construction and mining machinery decreased by 32.86 percent, worth $54,294, during the period from July to December 20 of this year, compared to imports valued at $80,871 over the same period last year, it added.

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In the meantime, imports from Electric Machinery and Appartus decreased by 46.26%, worth $640,704, compared to imports estimated at $1,192,274 over the same period last year.

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Other Appartus imports have decreased by 5.20 percent during the period under review, valuing $216,637 imported compared to imports worth $228,509 from the same period last year.

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