ANL 13.15 Increased By ▲ 0.35 (2.73%)
ASC 15.10 Increased By ▲ 0.08 (0.53%)
ASL 15.65 Increased By ▲ 0.13 (0.84%)
AVN 107.48 Increased By ▲ 3.08 (2.95%)
BOP 8.40 Decreased By ▼ -0.03 (-0.36%)
CNERGY 6.21 Increased By ▲ 0.08 (1.31%)
FFL 9.01 Increased By ▲ 0.11 (1.24%)
FNEL 8.60 Increased By ▲ 0.22 (2.63%)
GGGL 12.90 Decreased By ▼ -0.32 (-2.42%)
GGL 19.78 Increased By ▲ 0.28 (1.44%)
GTECH 9.07 Decreased By ▼ -0.33 (-3.51%)
HUMNL 6.80 Increased By ▲ 0.09 (1.34%)
KEL 3.11 Increased By ▲ 0.04 (1.3%)
KOSM 4.15 Increased By ▲ 0.08 (1.97%)
MLCF 34.15 Increased By ▲ 0.35 (1.04%)
PACE 3.98 Decreased By ▼ -0.15 (-3.63%)
PIBTL 7.15 Decreased By ▼ -0.02 (-0.28%)
PRL 14.32 Increased By ▲ 0.24 (1.7%)
PTC 8.73 Increased By ▲ 0.18 (2.11%)
SILK 1.34 Increased By ▲ 0.07 (5.51%)
SNGP 34.10 Increased By ▲ 0.34 (1.01%)
TELE 17.50 Increased By ▲ 0.45 (2.64%)
TPL 12.25 Increased By ▲ 0.45 (3.81%)
TPLP 27.90 Increased By ▲ 1.25 (4.69%)
TREET 39.00 Increased By ▲ 0.60 (1.56%)
TRG 84.00 Increased By ▲ 6.80 (8.81%)
UNITY 27.74 Increased By ▲ 0.25 (0.91%)
WAVES 15.67 Increased By ▲ 0.24 (1.56%)
WTL 2.16 Increased By ▲ 0.03 (1.41%)
YOUW 7.34 Decreased By ▼ -0.43 (-5.53%)
BR100 4,612 Increased By 1.6 (0.03%)
BR30 17,595 Decreased By -25.2 (-0.14%)
KSE100 45,032 Increased By 76.6 (0.17%)
KSE30 17,772 Increased By 34.2 (0.19%)

coronavirus
Coronavirus
VERY HIGH
Source: covid.gov.pk
Pakistan Deaths
29,162
2524hr
Pakistan Cases
1,393,887
7,53924hr
Sindh
533,496
Punjab
469,540
Balochistan
34,131
Islamabad
122,098
KPK
187,983
Business & Finance

Pakistan oil imports decline over 22pc in first half of current fiscal

  • The imports during December 2020 increased by 6.03 percent in December 2020 when compared to the imports of $777.977mn in November 2020.
19 Jan, 2021

Pakistan oil import stood at $4771.471 million during July-December (2020-21) showing a reduction of 22.32 percent during the first half of the current fiscal year as compared to imports of $6142.197 million during the corresponding period of last year.

As per Pakistan Bureau of Statistics (PBS) latest data, the commodities that contributed in decline of oil import bill included, petroleum products, the imports of which decreased by 16.30 percent, from $2591.065mn last year to $2168.674mn during the current fiscal year.

Furthermore, the imports of petroleum cured decreased from $1771.251mn to $1322.952mn, a decline of 25.31 percent while the imports of natural gas (liquified) went down by 35.33 percent, from $1626.814mn to $1052.124mn.

On the other hand, the imports of petroleum gas (liquified) increased from $153mn to $227.643mn, showing growth of 48.79 percent while the imports of all other oil products increased by 16.42 percent, from $0.067mn to 0.078mn.

Meanwhile, on year-on-year basis, the oil import bill shrunk by 20.04 percent to $824.872mn in December 2020 when compared to the imports of $1031.564mn in December 2019, the data revealed.

However, the imports during December 2020 increased by 6.03 percent in December 2020 when compared to the imports of $777.977mn in November 2020.

Comments

Comments are closed.