Consider first how competitive need limits affect import
In quantity terms, the rates of growth of both imports
and exports of goods and services slowed markedly from robust rates in 1994, in line with slower economic activity in the United States and abroad.
About 3,147,549 metric tons of palm oil imported
in 12 months of the year 2018-19 as against the import
of 1,843,351 metric tons of same period of last year.
It is true that when the rupee becomes weaker and import
duties go up simultaneously imports
bill shrink particularly if lower economic growth and higher inflation are reducing aggregate demand.
of handsets into the country decreased by 10.87 per cent during the Financial Year 2018-19, as compared to the corresponding period of last year.
declined mainly because of decrease in arrival of furnace oil, machinery and electric equipment, palm oil and textiles.
of milk, cream and milk food also witnessed a decline of 10% to $199 million from $221.26 million in same period of last year, whereas the import
of dry fruits and nuts also plunged to $37.89 million in July-April (2018-19) against the import
worth of $97.1 million in same period of the preceding year.
BAI data showed that pork imports
during the two-month period accounted for nearly
Bulk of the imported
crude oil, or 86.9 percent, was sourced from the Middle East.
On an average, Pakistan is importing eight LNG vessels almost every month, including six vessels at Engro's Elengy import
terminal and two at Pakistan's LNG terminals, the PSO CEO said.
He added the energy import
bill would have immediately risen 22 percent because of rupee depreciation, irrespective of price and quantity of energy imports
of milk products rose by 8.07 percent to $251.7 million while that of tea surged by 6.76pc to $524 million.
Segments Chg YA % Change YA of Cat chg vs YA
(2006) Determining Import
Intensity of Exports for Pakistan SBP Research Bulletin Vol.
Domestic demand for black tea increased with the advent of cold weather, the commodity's import
posted nearly 67 percent hike in November this year against imports
recorded in the corresponding month last year.