Observer Report
Islamabad
The Motor Cycle imports during FY 2019-20 reduced by 71.63 per cent as compared to the corresponding period of the last year.
According to Pakistan Bureau of Statistics, Motor Cycle imports came down from US $4,202 thousand in FY 2019-20 of last financial year to US $1,192 thousand of the same period of current financial year. During the period from July-June this year, imports of motor cars reduced by 55.41%, valuing $98,987 thousand imported as compared the imports worth $221,992 thousand of the corresponding period of last year. During the period current fiscal year, imports of road Motor Veh.(Build Unit, CKD/SKD) reduced by 44.54% worth $1,279,042 thousand as compared the imports valuing $2,306,281 thousand of same period of last year, it added.
