Machinery import goes up by 6.36pc

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15 January 2024

Published in: The Nation

 The imports of the overall machinery group witnessed an increase of 6.36 percent during the first five months of the current fiscal year (2023-24) compared to the corresponding period of the last year, the Pakistan Bureau of Statistics (PBS) reported. The total imports of the machinery group during July-Novem­ber (2023-24) stood at $2,935.576 million against the imports of $2,760.055 million during the same period of the last year. The import of agriculture sector machinery and equipment surged by 60.76 percent from $19.784 million to $31,804 million; of­fice machinery including data processing equipment 57.11 percent from $129.909 to $204.095 million; construction and mining machinery by 3.87 percent from $33.260 million to $34.546 million; electricity ma­chinery and apparatus 17.10 percent from $778.902 million to $912.073 million; tele­com related equipment 74.36 percent from $455.625 to $794.445 million; mobile phone 112.20 percent from $290.550 to $616.541 million and other apparatus 7.77 percent from $165.075 million to $177.904 million.

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