July-September Import of Textile Machinery Surges by 27% in Pakistan

Pakistan's import of textile machinery surged by 27 percent to $146.384 million in July-September of this fiscal year, official figures say. Increase in textile machinery import now stands at $30.69 million in July-September of this fiscal year from $115.694 million in July-September last fiscal year, Pakistan Bureau of Statistics shows. Textile machinery import also grew by $58.051 million in September 2017 from $39.625 million in September 2016, depicting a rise of 47 percent or $18.426 million over the period.

Import of construction and mining machinery reduced to $100.524 million in July-September of this fiscal year from $117.666 million in July-September last fiscal year, falling by 15 percent or $17.142 million. In September 2017, import of construction and mining machinery slumped to $27.345 million from $47.194 million in September 2016, showing a fall of 42 percent or $19.849 million.

The country's import of electrical machinery and apparatus rose by 4.19 percent or $18.826 million to $467.659 million in July-September of fiscal year from $448.833 million in July-September fiscal year 2017. Electrical machinery and apparatus declined to $165.162 million in September 2017 from $166.981 million in September 2016, showing a reduction of by 1.09 percent or $1.819million.