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Machinery import surges by 30% in nine months

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The imports of the overall machinery group witnessed an increase of 30 percent during the first three quarters of the current fiscal year (2023-24) compared to the corresponding period of the last year, the Pakistan Bureau of Statistics (PBS) reported.

The total imports of the machinery group during July-March (2023-24) stood at $5,854.931 million against the imports of $4,493.283 million during the same period of the last year.

The import of agriculture sector machinery and equipment surged by 102.31 percent from $30.198 million to $61.095; office machinery including data processing equipment 41.28 percent from $249.167 million to $352.029 million—APP

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