ISLAMABAD: The imports of the overall petroleum group shriveled via 16.19 in step with cent throughout the primary five months of the current monetary 12 months (2023-24) in comparison to the corresponding period of the ultimate yr, the Pakistan Bureau of statistics (PBS) mentioned.
The full imports of the petroleum organization all through July-November (2023-24) stood at $ 6,453.914 million towards the imports of $7,700.269 million at some point of the identical period of final yr
Among petroleum commodities, the import of petroleum merchandise declined by 25.08 consistent with cent, from $ three,552.323 million remaining yr to $2,661.234 million at some point of the length under review.
Likewise, the imports of Liquefied natural fuel (LNG) declined by way of 7.forty seven consistent with cent from $ 1,584.800 million final year to $ 1,466.418 million this 12 months whereas petroleum crude dipped by using nine.71 in line with cent from $ 2,273.328 million to $ 2,052.542 million.
Also read: Punjab shift from conventional transport to electric vehicles: Minister
The import of Liquefied Petroleum gasoline (LPG) went down by five.fifty three in step with cent inside the first 5 months of the current fiscal yr and stood at $273.641 million compared to $289.671 inside the corresponding length in 2022.
meanwhile, on a year-on-year foundation, the petroleum institution imports witnessed a lower of -thirteen.44 according to cent at some point of November 2023 compared to the identical month of final year, from $ 1,646.183 million to $1,424.903 million.
On a month-on-month foundation, the petroleum imports into the united states additionally got here down by 6.70 in line with cent throughout November 2023, in comparison to the imports of $1,527.147 million in October 2023, according to the PBS records.
