The imports of the overall petroleum group contracted by 17.96 percent during the first ten months of the current fiscal year (2022-23) as compared to the corresponding period of the last year, the Pakistan Bureau of Statistics (PBS) reported.
The total imports of the petroleum group during July-April (2022-23) stood at $13,974.610 million, as against the imports of $17,033.574 million during the same period of last year, according to PBS data.
Among petroleum commodities, the import of petroleum products declined by 28.07 percent, from $8,549.224 million last year to $6,149.117 million during the time period under review.
Likewise, the imports of liquefied natural gas declined by 16.06 percent and dropped from $3,705.959m last year to $3,110.836m. —APP
