Textile machinery imports rose 16.12pc during July and August

Islamabad: A growth of 16.12pc was registered in the imports of textile machinery during July & August 2017, touching $88.03 million according to data available from Pakistan Bureau of Statistics.

Textile machinery imports rose by 51pc or $15.868m to touch $47.42m for August compared to $31.374m in same period last year (SPLY). Imports of construction and mining machinery also grew by 4pc or $2.707m to touch $73.179m for July-August 2017 compared to $70.472m in SPLY.

Imports of electrical machinery surged to $302.497m. registering a rise of 7.32pc or $20.645m during July-August 2017 compared to same period last year. Compared to last year’s electrical machinery import figure of $157.50m in August 2016, imports this August fell to $135.279m, registering a decline of 14pc or $21.771m.

Construction and mining machinery imports decreased by 22.18pc or $9.728m to touch $34.128m during August 2017 compared to imports of $43.856m in August 2016.

 

Must Read

Walt Disney forms business unit to coordinate use of AI, augmented...

Walt Disney is forming a new group to coordinate the company's use of emerging technologies such as artificial intelligence and mixed reality, as the media...