Imports in Pakistan

Pakistan Imports | Economic News & Forecasts

Pakistan - Imports

The economy will have received a severe hit from the coronavirus pandemic and subsequent lockdown measures in the final quarter of FY 2020 (April–June). Industrial production contracted 42% April, while exports plummeted in April–June on extinguished demand for textiles. On a brighter note, remittances surged by over one-half year-on-year in June, chiefly driven by a steep rise in remittances received from Saudi Arabia and the United Kingdom, which should be propping up household spending. Turning to Q1 of FY 2021, economic activity should be gaining some momentum as most nationwide lockdown measures were eased in late May. That said, the number of new cases remains elevated and the government plans to take a targeted lockdown approach to mitigate the spread while also limiting the impact on economic activity.

Pakistan - Imports Data

2015   2016   2017   2018   2019  
Imports (USD billion)41.4  41.1  48.0  55.7  51.9  

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Pakistan Facts

Value Change Date
Bond Yield11.000.0 %Jan 01
Exchange Rate154.9-0.05 %Jan 01

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