1,393 kg gold imported during five months of 2012-13

About 1393 kilogram of gold has been imported during the first five months of current fiscal year showing an increase of 12.52 per cent over 1254 kg during the same period of last year.
The gold imports during the period under review cost US $ 74.812 million against US $66.49 million during the same period of previous year.
According to the data of Pakistan Bureau of Statistics, the overall imports of metal group registered an increase of 14.38 per cent during July-November (2012-13) against the same period of last year.
The metal imports during the period under review were recorded at $1.293 billion against those of $1.13 billion during the same period of last year.
Imports of iron and steel scrap registered a growth of 31.05 percent during July-November (2012-13). Their imports were recorded at $290.248 million during the first five months of current fiscal year against those of $221.476 million during July-November (2011-12).
Imports of iron and steel edged up by 6.21 percent from
$544.064 million last year to $577.852 million whereas the imports of aluminum wrought and worked decreased by 1.16 percent from $49.176 million to $48.604 million.
The imports of all other metal and articles were recorded at $301.426 million during the period under review against those of $249.188 million last year posting a growth of 20.96 percent.
Meanwhile, during the month of November 2012, the gold imports witnessed an increase of 314.13 percent when compared with those of November 2011 whereas the gold imports during November 2012 over October 2012 decreased by 45.39 percent.
Gold imports in November 2012 stood at $16.387 million against those of $3.957 million and $30.006 million in November 2011 and October, 2012 respectively.
The overall imports decreased by 0.91 percent during first five months of current financial year whereas exports from the country witnessed positive growth of 7.85 percent, indicating a positive trend in the overall trade volume of the country.
The imports decreased from US$18.416 billion last year to US$18.25 billion during the current fiscal year, the data revealed.