Medicinal products’ import decreases by 70.20%

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The import of medicinal products witnessed a decline of 70.20 percent during the first five months of the current fiscal year (2022-23) as compared to the corresponding period of last year.

Pakistan imported medicinal products worth $632.828 million from July-November (2022-23) as compared to the imports of $2123.489 million from July- November (2021-22), according to the Pakistan Bureau of Statistics (PBS).

In terms of quantity, however, medicinal imports witnessed a surge of 27.53 percent, as the country imported 16,999 metric tons of medicinal products during the months under review as compared to the imports of 13,330 metric tons last year.—APP