Gold imports fall 52pc in 1st half of FY21.
ISLAMABAD -- The gold imports into the country decreased by 52.17 percent during the first half of the current fiscal year as compared to the corresponding period of last year, Pakistan Bureau of Statistics (PBS) reported.
The gold imports into the country during July-December (2020-21) were recorded at $4.385 million as compared to the imports of $9.168 million during July-December (2019-20), the data revealed.
In terms of quantity, Pakistan imported just 72 kilograms of gold during the period under review compared to the imports of 226 kilograms last year, showing a decline of 68.14 percent.
On year-on-year basis, the gold imports into the country witnessed sharp decline of 71.91 percent during the month of December 2020 as compared to the imports of December 2019.
The gold imports during December 2020 were recorded at $0.494 million against the imports of $1.725 million in December 2019.
In terms of quantity, the gold imports decreased by 81.40 percent from 43 kilograms during December 2019 to imports of just 8 kilograms in December 2020.
On month-on-month basis, the gold imports during December 2020 decreased by 68 percent when compared to the imports of $1.527 million in November 2020 while in terms of quantity, the imports decreased by 68 percent in December 2020 when compared to the imports of 25...
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