China, UAE, Singapore top imports of Pakistan

ISLAMABAD: China remained the top importer of Pakistan during the first eight months of the current fiscal year, followed by United Arab Emirates (UAE) and Singapore.

The total imports from China during July-February (2018-19) were recorded at $6633.191 million against the $7326.706 million during July-February (2017-18), showing an decrease of 9.46 percent during the period, according to State Bank of Pakistan (SBP).

This was followed by UAE, where from Pakistan imported goods worth $6266.141 million against the imports of $5793.779 million last year, showing positive growth of 8.15 percent.

Singapore  was the at third top country from where Pakistan imported products worth $2396.914 million against the imports of $3043.270 million last year, showing the negative growth of 21.23 percent, SBP data revealed.

Among other countries, Pakistani imports from Saudi Arabia stood at $1977.522 million against $1994.299 million during last year, showing decline of 0.84 percent while the imports from Qatar were recorded at $1441.123 million against $876.047 million last year, showing rise of 64.50 percent, the data revealed.

The imports from United State of America (USA) were recorded at $1376.545 million against $1218.547 million where as the imports from India were recorded at $1145.941 million against $1095.595 million last year.

During the period under review, the imports from Japan were recorded at $1045.830 million against $1201.944 million whereas the imports from Kuwait stood at $803.520 million against $755.639 million.

Pakistan’s imports from Indonesia were recorded at $745.866 million against $707.741 million where as the imports from Thailand stood at $709.899 million against $693.396 million.

Similarly, the imports from Malaysia during the period under review were recorded at $693.456 million against $622.333 million while the imports from Switzerland stood at $ 669.977 million against $644.687.

Pakistan’s imports from Germany were recorded at $727.122 million during the current fiscal year compared to $721.341 million last year, whereas the imports from Italy stood at $398.777 million against $380.080 million.