Islamabad, Sep 17: Pakistan’s food import bill has dropped by 18% in the first two months of the current financial year, as per the latest data from the Pakistan Bureau of Statistics.
The Pakistan’s Food Import total bill fell to $1.06 billion, showing a reduction in the country’s dependence on imported food items.
Key declines include a 23% reduction in milk imports, lowering the bill to $19 million.
Tea imports also dropped from 46,451 tonnes to 38,847 tonnes, with the cost shrinking from $110 million to $97.9 million. Soybean imports saw the largest fall, down by 52% to $22.2 million, while palm oil imports decreased by 10% to $495.9 million.
Additionally, pulses imports fell by 21%, and various food grains saw a 33% drop, totaling $245.3 million.
This trend reflects efforts to curb food import expenses amid economic difficulties.
