According to a report by Pakistan’s “Commercial Records†on October 21, the Federal Bureau of Statistics of Pakistan recently released a report showing that in the first quarter of fiscal year (July-September 2010), the import volume of food in the country was 1.171 billion U.S. dollars, an increase of 63.47% year-on-year. Among them, the amount of beans and vegetables was 93.59 million U.S. dollars, an increase of 49.44% year-on-year; white sugar was 230 million U.S. dollars, an increase of 337%; milk powder and baby milk products were 28.87 million U.S. dollars, an increase of 81.36%; dried fruit and nut imports were increased by 26.25%; 19.72%.
Analysts believe that floods are the main reason leading to the sharp increase in food imports in the first quarter of the fiscal year.
Analysts believe that floods are the main reason leading to the sharp increase in food imports in the first quarter of the fiscal year.
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