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2018 textile machinery declines

Pakistan’s textile machinery imports fell by 1% worth 1.

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737 million during the period July 2017 – May 2018. According to Pakistan Bureau of Statistics, the decline in import of textile machinery now stands at $3.887 million during the period July 2017 – May 2018 from $515.624 million in July 2016 – May 2017. In May 2017, Pakistan imported $55.573 million of textile machinery but in 2018 the imports have declined by 25% or .

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71 million as the machinery import was of $41.863 million.

In May 2018, the country’s import of construction and mining machinery also decreased to $35.947 million showing a decline of 21.19% or $9.667 million compared to imports of $45.614 million in May 2017.

The electrical machinery import reduced to .

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001 billion in July 2017 – May 2018 from .

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119 billion in July 2016 – May 2017, showing a decrease by 6% or $117.517 million. During May 2018, electrical appliances and machinery worth $209.352 million were imported which is .

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457 million or 12% lower from $236.809 million recorded in May 2017.

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