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Pakistan's imports of textile machinery equipment and raw materials have declined
Source: | Date of issue: 2018-09-06 | Views:
key word: Pakistan's imports of textile machinery equipment and raw materials have declined
According to the Dawn News, in 2014-15 fiscal year, Pakistan's oil import decreased from 14.86 billion dollars in the previous fiscal year to 11.695 billion dollars, a decrease of 21.3%. Among them, the import of crude oil was USD 4.098 billion, down 29.04%, and the import of petroleum products was USD 7.596 billion, down 16.38%. Although international oil prices dropped significantly, Pakistan's oil imports did not rise, but fell by 6.92% compared with the previous fiscal year.


In addition, the import of textile machinery and equipment fell by 25.06%, and the import of new raw materials in the textile industry fell by 4.25% to 2.56 billion US dollars, indicating the difficulties faced by Pakistan's textile industry; The import of mechanical products increased by 14.9%, and the import of power generation equipment increased by 26.95%, indicating the impact of the development of the construction industry and the energy crisis; The import volume of the telecommunications industry increased by 2.35%, and the import volume of mobile phones increased by 18.19%, reaching 723 million US dollars, which shows that the telecommunications industry in Pakistan has a good development momentum after the issuance of 3G and 4G licenses; The import volume of transportation increased by 21.7% to US $2.694 billion.


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