The imports of the overall petroleum group contracted by 12.06 percent during the first seven months of the current fiscal year (2023-24) 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-January (2023-24) stood at $ 9,332.322 million against the imports of $ 10,611.727 million during the same period of last year Among petroleum commodities, the import of petroleum products declined by 25.94 percent, from $ 4,889.799 million last year to $ 3,621.420 million during the period under review year whereas petroleum crude dipped by 3.96 percent from $ 3,100.481mto $ 2,977.671 m.—APP
