ISLAMABAD – With its $2.277 billion imports to Pakistan, China remained thetop importer of the country during the first quarter of financial year(2019-20), followed by United Arab Emirates (UAE) and Singapore.
During the month of September this year, the total imports from Chinawitnessed declined of 12.96 percent during the period under review ascompared to the imports of $2.617 billion of last financial year, accordingto the latest data issued by State Bank of Pakistan (SBP).
This was followed by UAE, where from Pakistan imported goods worth $1.855billion against the imports of $2.594 billion last year, showing decreaseof 28.50 percent.
Singapore was at third top country from where Pakistan imported productsworth $571.217 million against the imports of $1.121 billion last year,showing the negative growth of 49.07 percent, SBP data revealed.
During first quarter financial year, among other countries, Pakistaniimports from Qatar stood at $561.502 million against $465.269 millionduring last year, showing increased of 20.68 while the imports from SaudiArabia were recorded at $393.214 million against $767.462 million lastyear, showing decrease of 48.76 percent, the data revealed.
The imports from United State of America (USA) were recorded at $336.882million against $428.444 million whereas the imports from Japan wererecorded at $322.207 million against $431.386 million last year.
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During the period under review, the imports from Kuwait were recorded at$284.515 million against $268.888 million whereas the imports from UnitedKingdom (UK) stood at $184.205 million against $227.881 million.
Pakistan’s imports from Indonesia were recorded at $256.684 million against$291.258 million where as the imports from Germany stood at $236.136million against $244.343 million, the data revealed.
Similarly, the imports from India during the period under review wererecorded at $220.839 million against $364.901 million while the importsfrom Thailand stood at $ 198.812 million against $285.835.
Pakistan’s imports from South Africa were recorded at $190.372 millionduring the financial year compared to $170.988 million last year, whereasthe imports from Malaysia stood at $217.293 million against $281.709million.
