CKD/SKD import decreases 38.49% to $361.353m in Q1

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The import of completely and semi-knocked down (CKD/SKD) products into the country witnessed a decrease of 38.49 per cent during the first quarter of the current fiscal year (2022-23) as compared to the corresponding period of last year.

Pakistan imported CKD/SKD products worth $361.353m from July-Sept (2022-23) as compared to the imports of $587.497 million from July-September (2021-22), according to the Pakistan Bureau of Statistics (PBS).

Among the CKD/SKD products, the import of buses, trucks and other heavy vehicles went down by 44.65 per cent from $161.936m last year to $89.635m during the quarter under review while the imports of motor cars also dipped by 36.63 per cent from $407.365m to $258.145m.—APP

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