Tag: Imports

Trade deficit narrows by 41% in July

ISLAMABAD, Aug 2 (APP):The trade deficit witnessed a decline of 41.16 percent during the first month of the current fiscal year (2023-24) as compared to the corresponding month of last year, Pakistan Bureau of Statistics (PBS) reported. The trade deficit during the month under review was recorded at $1.607 billion against the deficit of $2.731… Continue reading Trade deficit narrows by 41% in July

Gold imports increase by 35.48 % in FY2023

The gold imports during the July-June (2022-23) were recorded at $30.651 million as compared to the imports of $22.623 million during July-June (2021-22), according to the data. In terms of quantity, Pakistan imported 496 kilograms of gold during the months under review as compared to the imports of 361 kilograms last year, showing growth of… Continue reading Gold imports increase by 35.48 % in FY2023

Trade deficit narrows by 43% as exports mount to $27.7 bln in FY23

ISLAMABAD, Jul 4 (APP):The trade deficit witnessed a decline of 43.03 percent during the fiscal year 2022-23 as compared to the previous year (2021-22), Pakistan Bureau of Statistics (PBS) reported. The trade deficit during July-June (2022-23) was recorded at $27.547 billion against the deficit of $48.354 billion in July-June (2021-22), a decline of 43.03 percent.… Continue reading Trade deficit narrows by 43% as exports mount to $27.7 bln in FY23

POL import bill shrinks by 21.84% in 11 months

ISLAMABAD, Jun 20 (APP):The imports of the overall petroleum group contracted by 21,84 percent during the first eleven months of the current fiscal year (2022-23) as compared to the corresponding period of the last year, the Pakistan Bureau of Statistics (PBS) reported. The total imports of the petroleum group during July-May (2022-23) stood at $… Continue reading POL import bill shrinks by 21.84% in 11 months

Countries free to decide about discounted oil imports from Russia: US

WASHINGTION, Jun 14 (APP): A U.S. Spokesperson, asked to comment on Pakistan’s purchase of discounted Russian oil in Chinese currency, said Tuesday that each country has to make its own choices with respect to its energy imports. “I would say, first of all, with respect to that transaction, we have been very clear that each… Continue reading Countries free to decide about discounted oil imports from Russia: US

POL import bill contracts by 8.8% to $9.2 bln in 1st half

ISLAMABAD, Jan 23 (APP):The imports of the overall petroleum group contracted by 8.80 percent during the first half of the current fiscal year (2022-23) as compared to the corresponding period of the last year, the Pakistan Bureau of Statistics (PBS) reported. The total imports of the petroleum group during July-December (2022-23) stood at $9,285.534 million,… Continue reading POL import bill contracts by 8.8% to $9.2 bln in 1st half

Current Account Deficit falls to $3.66 bn in Jul-December

ISLAMABAD, Jan 19 (APP):The Current Account Deficit shrank by 60 percent to US$3.66 billion during first half (Jul-Dec) of current fiscal year as against the deficit of $9.1 billion recorded during same period of last year. In December, after posting decline for five consecutive months, the current account deficit edged up to $0.4 billion as… Continue reading Current Account Deficit falls to $3.66 bn in Jul-December

Motor Car imports witness sharp decline

ISLAMABAD, Dec 21 (APP):The imports of motor cars, both Completely Built Up (CBU) as well as Semi-Knocked Down (SKD) or Completely Knocked Down (CKD), witnessed a sharp decline of 81.79 percent and 31.43 percent respectively during the first five months of the current fiscal year compared to last year. According to Pakistan Bureau of Statistics,… Continue reading Motor Car imports witness sharp decline

PoL import bill shrinks by 8.11% to $7.7 bln in 5 months

ISLAMABAD, Dec 20 (APP):The imports of the overall petroleum group declined by 8.11 percent during the first five months of the current fiscal year (2022-23) as compared to the corresponding period of the last year, Pakistan Bureau of Statistics (PBS) reported. The total imports of the petroleum group during July-November (2022-23) stood at $7,700.272 million,… Continue reading PoL import bill shrinks by 8.11% to $7.7 bln in 5 months

Shipping activity at Port Qasim

KARACHI, Nov 16 (APP): Shipping activities reported at the Port on Tuesday,where six ships namely, Cape Kortia, Maersk Seletar, CNC Dream, Napa Spirit, Fuwairit and FSM carrying Containers, Palm oil, Chemicals, LNG and LPG, berthed at Qasim International Container, Multi Purpose Terminal, Engro Vopak Terminal, Pakistan Gasport Terminal and SSGC LPG Terminal respectively. Meanwhile two… Continue reading Shipping activity at Port Qasim

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