Medicinal imports increase 2pc to $1.09bn

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ISLAMABAD: The imports of medicinal products into the country during the financial year 2018-19 witnessed an increase of 1.99pc as compared to the corresponding period of last year.

Pakistan imported medicinal products of $1.09 billion during July-June 2018-19, as compared to the imports of $1.07 billion during July-June 2017-18, according to the latest data issued by Pakistan Bureau of Statistics (PBS).

In terms of quantity, Pakistan imported 23.217 metric tonnes of medicinal products during the year as compared to the imports of 22.394 metric tonnes in FY18, showing an increase of 3.68pc in term of quantity.

Meanwhile, on a year-on-year basis, the medicinal imports witnessed a growth of 0.12pc in June 2019 when compared to the imports of the same month of last year.

The medicinal imports during June 2019 were recorded at $84.696 million, as against the imports of $84.593 million in June 2018.

On a month-on-month basis, the medicinal imports witnessed an increase of 6.78pc during June 2019 when compared to the imports of $79.318 million in May 2019.

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