Food import bill nears $7bn in July-April
ISLAMABAD: Pakistan’s food import bill surged to nearly $7 billion during the first 10 months of the current fiscal year, rising from $6.82bn in the same period last year. The increase was primarily driven by higher imports of edible oil, tea and sugar to meet domestic demand.
According to data released by the Pakistan Bureau of Statistics, palm oil constituted the largest share among imported food items, followed by pulses, tea, soya bean oil and sugar.
The value of palm oil imports surged to $2.87bn during July-April FY25, up from $2.30bn a year ago, reflecting a growth of 24.78 per cent. In response to escalating domestic consumption, Pakistan imported pulses worth $917.89 during the period compared to $687.74m in the same........
© Dawn Business
