ISLAMABAD – Pakistan Bureau of Statistics (PBS) said that during the first ten months of the current fiscal year, gold imports went up by 159.87% compared to the same time last year.
According to the data, the amount of gold imported from July to April of 2021-22 was $18.006 million. This is more than double the amount of gold imported from July to April of 2020-21, which was $6.929 million.
Pakistan brought in 287 kilograms of gold during the period under review, compared to 115 kilograms during the same time last year. This is an increase of 149.57 percent.
During the same month last year, gold imports were up 158.90%.
In April 2022, $2.532 million worth of gold was brought in. In April 2021, only $0.978 million worth of gold was brought in.
In April 2022, 37 kilograms of gold were brought in, which is 117.65% more than in April 2021, when only 17 kilograms were brought in.
In April 2022, there were 54.73 percent more gold imports than there were in March 2022, when there were $1.636 million worth of gold imports.
In April 2022, there were 85 percent more gold imports than there were in March, when only 20 kilograms were brought in.
It’s important to note that the country’s total imports of goods went up by 46.41 percent in the first ten months of the decade, from $44.731 billion last year to $65.492 billion from July to April (2021-22).
In July through April of 2021-22, the country’s exports were $26.228 billion, which was a 25.46 percent increase from the same time last year, when they were $20.905 billion.
PBS data showed that the trade deficit during the period under review was $39.264 billion, which is 64.79 percent higher than the $23.826 billion deficit that was recorded from July to April (2020-21).
