ISLAMABAD: The imports of Fertilizer manufactured and insecticides declined by 50.01 percent and 59.21 percent respectively during first four months of current fiscal year 2012-13 over same period of last year.
The Fertilizer manufactured imports into the country during July-October (2012-13) were recorded at $251.252 million against the imports of $502.607 million during July-October (2011-12), according to the data of Pakistan Bureau of Statistics (FBS).
The imports of fertilizer manufactured into the country during the month of October 2012 witnessed decrease of 45.02 percent when compared to the imports of October 2011 whereas the imports during the corresponding period increased by 38.13 against September 2012.
The imports of fertilize manufactured during October 2012 were recorded at $87.007 million whereas the imports were recorded at $158.244 million and $63.497 million during October (2011) and September (2012) respectively.
Similarly the insecticides imports during the first four months of current financial year stood at $20.086 million against the imports of $49.242 million during same period of last year.
The insecticides imports during October 2012 remained at $3.062 million showing a decrease of 70.23 percent against $10.284 million worth of imports during October 2011.
Meanwhile imports of plastic materials during July-October 2012-13 reduced to $307.305 million from $525.162 million in July-October (2011-12) showing a downward trend of 14.2 percent.
On month on month basis, the plastic material imports in October 2012 decreased by 12.71 percent against October 2011 whereas it increased by 10.07 against September 2012.
The plastic material imports during October 2012 were recorded at $119.299 million whereas in October 2011 and September 2012, the imports stood at $136.671 million and $108.386 million respectively.
The medical products imports, however increased by 13.84 percent during first four months, July-October (2012-13) against same period of last year.
The medical products imports into the country during the corresponding period remained at $256.424 million against the imports of $225.244 million during July-October (2011-12).
On month on month basis, the medical products imports in October 2012 went up by 65.73 percent and 33.36 percent when compared with the imports during October 2011 and September 2012 respectively.
The over all agriculture and other chemical group imports decreased by 16.19 percent during July-October (2012-13) against same period of last year.
The agriculture and other chemical groups imports during first four moths of current fiscal year were recorded at $2.102 billion as compared to the imports of $2.508 billion in July-October (2011-12).
It is pertinent to mention that the country's overall trade deficit decreased by 6.79 per cent, with exports witnessing growth of 4.98 per cent and imports decreasing by 0.54 per cent during the first four months of the current fiscal year, showing a positive development in trade balance.
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