Staff Reporter
Islamabad
The palm oil imports increased by 29.40 percent during the first five months of the current fiscal year against the imports of the same period of last year.
The palm oil imports during July-November (2020-21) were recorded at $876.016 million against the imports of $676.977 million during July-November (2019-20), showing increase of 29.40 percent, according to latest data of Pakistan Bureau of Statistics (PBS).
In terms of quantity, Pakistan imported 1,333,423 metric tons of palm oil during the period under review as compared to the imports of 1,230,502 metric tons last year, showing increase of 8.36 percent.
On the other hand, the soyabean oil imports also increased by 21.76 percent by going up from $39.677 million last year to $48.310 during the current fiscal year.
