POL import bill shrinks by 8.11% to $7.7 b in 5 months

Pakistan's exports imports

The imports of the overall petroleum group declined by 8.11 percent during the first five 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-November (2022-23) stood at $7,700.272 million, as against the imports of $8,379.847 million during the same period of last year, according to PBS data.

Among petroleum commodities, the import of petroleum products declined by 14.52 percent, from $4,155.917 million last year to $3,552.326 million during the period under review.—APP