The import of gold in the nation amid the initial four months (July-October) of the current financial year saw an abatement of 12.86 percent contrasted with a similar time of the earlier year.
Amid the period under survey, 165 kilograms of gold worth $6.443 million was transported in contrasted with 186-kilogram gold worth $7.394 million imported in July-October (2017-18), as per the most recent information discharged by Pakistan Bureau of Statistics (PBS).
On a yearly premise, the import of gold expanded by 4.55 percent as it expanded from $1.737 million (44 kg) in October 2017 to $1.8 million (44 kg) in October this year.
In the mean time, the import of iron and steel scrap additionally diminished by 3.44 percent to $517.24 million in July-October 2018-19 against the import of $535.648 million in a similar time of the earlier year.
On a year on year premise, the import of iron and steel scrap declined by 13.73 percent as the import diminished to $105.01 million in October from $121.728 million around the same time of earlier year.
Iron and Steel Import
Despite what might be expected, the iron and steel import amid the relating time frame saw an expansion of 6.53 percent as it rose to $828.32 million from $777.52 million in the initial four months of the year 2017-18.
So also, the iron and steel import saw a sharp increment of 39.75 percent as it rose to $254.76 million in the comparing month against the import of $182.3 million around the same time of the year 2017.