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In 2018-2019, petroleum and its products made up a lion’s share of total imports, amounting to over 1000 billion PKR, approximately 20% of the total import bill.

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According to the Pakistan Economic Survey analyzed by Gallup Pakistan, in 2018-2019, petroleum and its products made up a lion’s share of total imports, amounting to over 1000 billion PKR, approximately 20% of the total import bill.

Of a grand total of 5 trillion PKR spent on imports, 1,054 billion were spent on petroleum and its products (20%); 723 billion on non-electrical machinery (13%); 617 billion on chemicals (12%); 293 billion on iron, steel and manufactures thereof (5%); 256 billion on transport equipment (5%); 192 billion on electrical goods (4%); 109 billion on drugs and medicines (2%); 92 billion on chemical fertilizers (2%), and 1,857 billion on other imports (34%).

As the PTI government attempts to reduce Pakistan’s import bill, it is imperative to look at what we are importing so that adequate substitutes can be found.

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