Medicinal imports dip over 9% in seven months

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Medicinal imports dip over 9% in seven months.

ISLAMABAD – The imports of medicinal products into the country during the first seven months of financial year dipped by 9.95 percent as compared to the corresponding period of last year.

In terms of quantity, Pakistan imported 13,195 metric tons of medicinal products during the period under review as compared to the imports of 13,590 metric tons during corresponding period of last year, showing decrease of 2.91 percent in term of quantity. The medicinal imports during January 2020 were recorded at $ 73.354 million against the imports of $ 82.105 million in January 2019.

It is pertinent to mention here that the country’s merchandise trade deficit plunged by 28.40 percent during the first seven months of the current fiscal year as compared to the deficit of the same month of last year.

 

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