Import of textile machinery down by 6.48pc

Pakistan's import of textile machinery scaled back to $316.316 million during July-Feb 2019-20, low by 6.48 percent, official figures say.

Low import of textile machinery posted a fall of $21.9 million during July-Feb 2019-20 from $338.216 million during July-Feb 2018-19, Pakistan Bureau of Statistics points out.

February 2020, however witnessed an increase of 22.21 percent or $6.491million in textile machinery import to $35.718 million, comparing to their import of $29.227 million made in February 2019.

Imports of construction and mining machinery reduced to $142.331 million in July-Feb 2019-20 from $166.323 million in July-Feb 2018-19, showing a decline of 14.42 percent or $23.992 million.

The country's imports of construction and mining machinery surged by 171 percent or $19.05 million to $30.785 million in Feb 2020, as against $11.735 million in Feb 2019.

Up by 34 percent or $39.757 million, the country imported $1.567 billion of electrical and other apparatuses during July-Feb 2019-20, comparing to their imports of $1.170 billion in July-Feb 2018-19.

During Feb 2020, imports of electrical and other apparatuses went up by 13 percent or $15.981 million to $143.825 million comparing to their imports of $127.844 million in Feb 2019.