Monday, December 23, 2024
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Pakistan’s Food Import Bill Drops By 18%

In the first 2 months of this financial year, there is a trend of reduction in the consumption of imported food grains. Imports of various types of food grains decreased by 33% to 245 million dollars.

According to the report of the Institute of Statistics, the food import bill decreased by 18% to 1.6 billion dollars in December.

The import bill of milk decreased by 23% to 10.9 million dollars, and the import of tea decreased from 46,451 tons to 38,847 tons.

According to the report, the import bill of tea decreased from 11 million dollars to 979 million dollars in two months, soybean imports decreased by 52% to 222 million dollars in 2 months.

Imports of palm oil decreased by 10 percent to 495.9 million dollars. Imports of pulses decreased by 21 percent to 133 million dollars.

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