Pakistan’s petroleum gases import register huge jump in July

KARACHI: Pakistan’s petroleum gases and gaseous hydrocarbon imports have surged massively to Rs7.958 billion in July 2015 as compared with Rs2.145 million in July 2014, as reported by Customs Appraisement South.

Moreover, imports of motor cars and vehicles also surged by significant 41 percent to Rs4.98 billion in July 2015 as against the imports of Rs3.516 billion in July 2014 while vehicles meant for transport of goods also increased by 84 percent to Rs1.546 billion in the month under review.

According to the data available with Customnews.pk, a major shift is observed in country’s imports as import of several goods doubled in July 2015 while import of a number of products and goods declined significantly.

Tea worth Rs3.513 billion arrived in the country in July 2015 as against rs2.265 billion in the same month last year. Similarly import of insecticides/pesticides and plant growth regulators surged to Rs1.626 billion this year in July as against Rs969.451 million in the same month last year.

Import of new pneumatic tyres of rubber stood at Rs2.549 billion in July as against Rs1.986 billion in July 2014. Import of mineral or chemical fertilizers also surged by 28 percent to Rs2.244 billion.

Artificial staple fibers’ import surged to Rs2.649 billion in July 2015 as against Rs2.22 billion in corresponding month last year. Import of refined copper and copper alloys surged by 87 percent to Rs778.734 billion.

Meanwhile, import of petroleum and mineral oils declined by 60 percent to Rs13.672 billion in July 2015 as against the import of Rs35.172 billion in July 2014. Import of electrical apparatus for line telephony and telegraphy declined by 75 percent to Rs1.033 billion in July 2015 as against Rs4.047 billion in the same month last year.

Import of palm oil and its fractions declined by 74 percent to Rs968.081 million in July 2015 as compared to Rs3.714 billion in July 2014. Import of electric generating sets and rotary converters stood at Rs1.084 billion in July 2015 as against Rs3.204 billion in the same month last year. Import of milk and cream in July this year stood at Rs1.042 billion a against Rs1.627 billion last year.

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