Combined import bill of food, machinery and oil rose by 29pc during FY 2016-17

Total imports of petroleum products were valued at $10.9b for FY 2016-17 rising 30.24pc from preceding year.

Islamabad: According to data released by Pakistan Bureau of Statistics on Friday, the combined import bill of machinery, food and oil for financial year 2016-17 was recorded at $28.79b, registering a rise of 29pc from last year.

Food imports were recorded at $6.13b during FY 2016-17, registering a rise of 14pc from preceding year. Palm oil imports were valued at $1.9b, rising by 12pc on a year on year basis. Pulses imports were recorded at $952.25m, surging by 60pc from last year. ‘Other food item imports were worth $2.05b, going up by 13.76pc from preceding year.

Total Machinery imports were recorded at $11.76b during FY 2016-17, rising 37.27pc from preceding year. Textile machinery imports increased by 21pc, construction machinery 55pc, office machinery 59pc, agricultural machinery 36pc and other machinery by 41.4pc to reach $3.35b during FY 2016-17.

Power generating machinery imports rose by 64.64pc to reach $3.04b. Electrical appliances and machinery imports were recorded at $2.32b for FY 2016-17, rising 29.4pc from last year.

Total imports of petroleum products were valued at $10.9b for FY 2016-17 rising 30.24pc from preceding year. Liquefied petroleum gas imports were recorded at $215.28m, rising by 35pc on a YoY basis. Liquefied natural gas (LNG) imports went up by 132pc to reach $1.3b during FY 2016-17.

Petroleum crude imports rose by 11pc during FY 2016-17 to reach $2.54b. And import of other petroleum products was recorded at $6.82b, registering a YoY growth of 28pc.

On the other hand, telecom imports registered a fall of 0.32pc to reach $1.35b.

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