Motor Cars imports reduced by 24.66pc

ISLAMABAD: Motor Cars imports during first three months of current fiscal year reduced by 24.66 per cent as compared to the corresponding period of the last year.

According to Pakistan Bureau of Statistics (PBS), the Motor Cars imports came down from US $175,143 in FY 2019-20 of last financial year to US $124,788 of the same period of current financial year.

During the period from July-Sep 20 this year, imports of Buses, Trucks and other heavy vehicles reduced by 29.25%, worth $45,231 as compared the imports valuing $67,525 of same period of last year, it added.

Meanwhile, Motor Cycles imports decreased by 39.41%, worth $10,758 as compared the imports of valuing $18,754 of the corresponding period of last year.

During the period under review, Parts and Accessories imports also came down by 28.64%, valuing $61,650 imported as compared to the imports worth $91,288 of same period of last year.