Plastic import increases 3.32pc 4MFY21

ISLAMABAD: The import of plastic material witnessed an increase of 13.32 per cent during the first four months (July-Oct) of the current financial year (FY21) as compared to the corresponding period of last year.

According to details, Pakistan imported plastic worth $701.579 million in July-Oct FY21 as compared to the imports of $619.097 million in July-Oct FY20, according to data released by the Pakistan Bureau of Statistics (PBS) on Friday.

Meanwhile, plastic imports also increased 18.70pc from $182.686m on a year-on-year (YoY) basis in October 2020, as compared to imports of $153.913m in October 2019.

However, on a monthly basis (MoM), imports declined by 3.03pc in October 2020 when compared to the imports of $188.400m in September 2020.

 

 

Must Read

Govt unlikely to buy spot LNG in summer

Pakistan is unlikely to buy liquefied natural gas (LNG) cargoes on the spot market until at least the beginning of winter in November due...