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Import of milk, cream, food for infant increase 7.53% in five months

Import of milk, cream, food for infant increase 7.53% in five months

ISLAMABAD: Import of milk, cream and milk food for infant into the country during first five months of current financial year witnessed an increase of 7.53 percent as compared to the import of the corresponding period of last year.According to the data of Pakistan Bureau of Statistics, about 38,405 metric tons of milk, cream and milk for food for infants were imported into the country during the period from July-November, 2016-17 as compared the same period of last year.During the period under review, country spent US $ 102.773 million on the import of above mention commodities in order to fulfill the domestic consumptions of milk, cream and milk food for infants.

Meanwhile, the import of these commodities during same period of last financial year was recorded at 24,552 metric tons valuing US $ 95.575 million, it added.

On month on month basis, milk and milk food for infants grew by 18.40 percent in month of November, 2016 as compared the import of same month of last year.

During the month of November, about 9,506 metric tons of milk, milk cream and milk food for infants worth US$ 22.649 million were imported as compared to the imports of 5,047 metric tons valuing of US$ 19.129 million of same month of last year.

It may be recalled that food group import into the country during first five months witnessed increase of 5.43 percent in first five months as compared to same period of last year.

During the period under review, food commodities worth US$ 2.340 billion were imported to fulfill the domestic requirements as it was recorded at US $ 2.219 billion of same period of last year.