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imageISLAMABAD: The gold imports during the first eight months of current fiscal year 2014-15 plunged 91.63 percent as against the same period of last year.

According to data revealed by Pakistan Bureau of Statistics (PBS), during the period under review, 354 kilogram of yellow metal worth of US $14.476 million was imported as compared to the import of 4,177 kg valuing $172.950 million during July-February 2013-14.

The overall imports of metal group, however registered an increase of 25.65 percent during the first eight months of the year 2014-15 against the same period of last year.

The metal imports in to the country during the period under review were recorded at $2.361 billion against imports of $1.879 billion during same period of last year.

Imports of iron and steel scrap registered increase of 43.05 percent during the period as compared to that of last year.

Iron and steel scrap imports into the country were recorded at $665.358 million during current fiscal year against the imports of $465.109 million last year.

The imports of iron and steel also increased by 45.9 percent by going up from $788.986 million last year to $41.151 billion this year whereas the imports of aluminum wrought and worked also increased by 15.33 percent by going up from $78.177 million to $90.1611 million.

The imports of all other metal and articles were recorded at $440.551 million during the period under review against the imports of $374.34 million during same period of last year posting a growth of 17.69 percent.

Copyright APP (Associated Press of Pakistan), 2015

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