The gold imports increased by 44.22 percent during the past eleven months of the current fiscal year as compared to the corresponding period of last year, Pakistan Bureau of Statistics (PBS) reported.
The gold imports during the July-May (2022-23) were recorded at $27.377 million as compared to the imports of $18.983 million during July-May (2021-22), according to the data.
In terms of quantity, Pakistan imported 437 kilograms of gold during the months under review as compared to the imports of 302 kilograms last year, showing growth of 44.70 percent.
Meanwhile on year-on-year basis, the gold imports into the country witnessed an increase of 250.55 percent as these were recorded at $3.421 million in May 2023 against the imports of $0.976 million in May 2022. In terms of quantity, the imports of the commodity declined by 271.43 percent, from 14 kilograms in May 2022 to 52 kilograms in May 2023. —APP
