Petroleum Imports in Pakistan See Modest Growth in 4MFY25

پاکستان خبریں خبریں

Petroleum Imports in Pakistan See Modest Growth in 4MFY25
پاکستان تازہ ترین خبریں,پاکستان عنوانات
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Pakistan’s petroleum imports saw a modest increase of 1.68% during the first four months of the fiscal year 2024-25

Pakistan’s Petroleum imports in fiscal year 2024-25 .Petroleum imports increased by 1.68% in the first four months.ISLAMABAD – , reaching $5.113 billion compared to $5.029 billion in the same period last year, according to data from the Pakistan Bureau of Statistics .

Overall imports during 4MFY25 totaled $17.972 billion, marking a 5.86% rise compared to $16.977 billion in the same period last year. However, October 2024 imports stood at $4.591 billion, reflecting a decline of 1.40% from $4.656 billion in September 2024 and a 5.59% drop from $4.863 billion in October 2023.

On a year-on-year basis, petroleum group imports declined by 30.55% in October 2024, amounting to $1.060 billion compared to $1.527 billion in October 2023. Month-on-month petroleum imports also fell by 23.61% from $1.388 billion in September 2024. Petroleum products imports specifically experienced an 18.89% decrease during 4MFY25, totaling $1.753 billion compared to $2.161 billion in the same period last year. In October 2024, petroleum products imports dropped by 38.34% YoY to $398.386 million and by 22.49% MoM from $513.959 million in September 2024.

Major imported commodities in October 2024 included petroleum products , crude petroleum , liquefied natural gas , palm oil , and plastic materials , alongside others like iron, steel, and mobile phones.Pakistan's Petrol and Diesel Prices to Rise in November 2024. Other petroleum...

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