AIRLINK 74.00 Decreased By ▼ -0.56 (-0.75%)
BOP 5.02 Decreased By ▼ -0.04 (-0.79%)
CNERGY 4.42 Decreased By ▼ -0.04 (-0.9%)
DFML 39.20 Decreased By ▼ -0.53 (-1.33%)
DGKC 86.09 Decreased By ▼ -1.46 (-1.67%)
FCCL 21.65 Decreased By ▼ -0.28 (-1.28%)
FFBL 34.01 Decreased By ▼ -0.58 (-1.68%)
FFL 9.92 Increased By ▲ 0.17 (1.74%)
GGL 10.56 Increased By ▲ 0.07 (0.67%)
HBL 113.89 Increased By ▲ 0.10 (0.09%)
HUBC 135.84 Decreased By ▼ -0.68 (-0.5%)
HUMNL 11.90 Increased By ▲ 1.00 (9.17%)
KEL 4.84 Increased By ▲ 0.17 (3.64%)
KOSM 4.53 Decreased By ▼ -0.11 (-2.37%)
MLCF 38.27 Decreased By ▼ -0.19 (-0.49%)
OGDC 134.85 Decreased By ▼ -1.29 (-0.95%)
PAEL 26.35 Decreased By ▼ -0.26 (-0.98%)
PIAA 20.80 Decreased By ▼ -1.69 (-7.51%)
PIBTL 6.68 Increased By ▲ 0.01 (0.15%)
PPL 123.00 Increased By ▲ 0.71 (0.58%)
PRL 26.69 Decreased By ▼ -0.28 (-1.04%)
PTC 14.33 Increased By ▲ 0.42 (3.02%)
SEARL 59.12 Decreased By ▼ -0.75 (-1.25%)
SNGP 69.50 Decreased By ▼ -0.56 (-0.8%)
SSGC 10.33 Decreased By ▼ -0.02 (-0.19%)
TELE 8.50 Decreased By ▼ -0.04 (-0.47%)
TPLP 11.23 Decreased By ▼ -0.11 (-0.97%)
TRG 64.85 Decreased By ▼ -1.15 (-1.74%)
UNITY 26.25 Decreased By ▼ -0.08 (-0.3%)
WTL 1.34 Decreased By ▼ -0.01 (-0.74%)
BR100 7,851 Increased By 26.3 (0.34%)
BR30 25,337 Decreased By -69.2 (-0.27%)
KSE100 75,207 Increased By 122.8 (0.16%)
KSE30 24,143 Increased By 49.1 (0.2%)

ISLAMABAD: Petroleum group imports witnessed a negative growth of 13.78 per cent during the first half (July-December) of the current fiscal year and stood at $8.005 billion when compared to $9.285 billion during the same period of last fiscal year, Pakistan Bureau of Statistics (PBS) said.

The data of exports and imports released by PBS revealed that petroleum group imports decreased by 2.11 per cent on a year-on-year (YoY) basis and stood at $1.55 billion in December 2023 when compared to $1.585 billion during December 2022.

On a month-on-month basis, it registered 8.91 per cent growth when compared to $1.424 million in November 2023.

PL rate on HOBC fuel kept unchanged

Petroleum products imports witnessed 24 per cent negative growth during July-December 2023-24 and remained at $3.193 billion compared to $4.202 billion during the same period of last fiscal year.

On a MoM basis, it registered 6.65 per cent growth and stood at $532.615 million in December 2023 when compared to $499.401 million in November 2023.

On a YoY basis, petroleum products registered 18.04 per cent negative growth when compared to $649.862 million in December 2022.

The overall imports during July-December of fiscal year 2023-24 totalled $26.266 billion (provisional) as against $31.209 billion during the corresponding period of last year showing a decrease of 15.84 per cent.

The imports in December 2023 were $ 4,650 million (provisional) as compared to $ 4.539 billion in November, 2023, showing an increase of 2.45 per cent but decreased by 9.60 per cent as compared to $ 5,144 million in December, 2022.

The Main commodities of imports during December 2023 were Petroleum crude (Rs158,260 million), petroleum products (Rs150,888 million), natural gas, liquefied (Rs109,516 million), electric machinery and apparatus (Rs63,667 million), palm oil (Rs60,316 million), plastic materials (Rs52,218 million), mobile phones (Rs49,887 million), iron and steel (Rs41,654 million), iron and steel scrap (Rs30,426 million) and motor cars (ckd/skd) (Rs29,543 million).

Copyright Business Recorder, 2024

Comments

Comments are closed.