Urea sales up 3% in January, DAP sales down 13% Photo: File
Islamabad: In the first six months of the current financial year, imports of fully manufactured cars recorded a decline of 66 percent on an annualized basis.
According to the Pakistan Bureau of Statistics, 108.453 million dollars of foreign exchange was spent on car imports in six months, which was 318.999 million dollars in the same period of the previous fiscal year. From July to December, the volume of imports of the transport group was 1.163 billion dollars, which was 2.318 billion dollars in the same period of the previous financial year.
Pakistan’s trade surplus with Germany increased in 6 months. During this time, Pakistan’s exports to Germany have increased while imports have decreased. The volume of Pakistan’s exports to Germany in 6 months was recorded at 881.04 million dollars.
Meanwhile, according to Arif Habib Research and Industry data, urea sales in the country increased by 3 percent on annual basis during January, while DAP sales decreased by 13 percent.
In January, the sale of urea in the country was recorded at 616,300 tonnes. DAP sales were recorded at 98,000 tonnes in January, which is 13% less than January last year.
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