Import of road motor vehicles, build units CKD/SKD, has declined to 1.154 billion dollar during the first 10 months of current fiscal, down by 13.18 percent from 1.329 billion dollar over the same period last year.
Official figures released by the Federal Bureau of Statistics (FBS) showed that import of almost all vehicles, excluding motorcycles CKD/SKD aircrafts, ships and boats and parts accessories, recorded a declining trend during the first 10 months of current fiscal compared to the corresponding period of last year.
On monthly basis, the import of road vehicles also declined by 2.24 percent to 144.865 million dollar during the month of April as against 148.178 million dollar during the same month last year. The import of vehicles declined to 144.865 million dollar in the month of April of current fiscal, down by 51.53 percent from 298.900 million dollar over the month of March this year.
Import of Completely Built Units (CBU) vehicles declined by 7.77 percent to 376 million dollar this year against 407.678 million dollar over the corresponding period of last fiscal.
The data showed that import of buses, truck and other vehicles in CBU condition registered a decrease of 22.77 percent in the first ten month to 109.045 million dollar during the July-April against 141.186 million dollar over the same period last year.
Statistics showed that the import of motor cars, in CBU condition, declined by 0.09 percent during the period under review, to 264.879 million dollar as against 265.113 million dollar over the same period last year.
The import of Completely Knockdown (CKD) and Semi Knockdown (SKD) vehicles was decreased to 492.879 million dollar during July-April of the current fiscal, down by 22.44 percent from 635.491 million dollar over the same period last year.
Import of buses, trucks and other heavy vehicles in CKD/SKD slightly surged to 135.936 million dollar during the first ten month of current fiscal, up by 2.02 per cent from 133.242 million dollar over the same period last year.
Import of motor cars, in CKD/SKD form, declined by 31.21 per cent during the period under review from 467.160 million dollar over the same period last year to 321.354 million dollar current fiscal.
Import of parts and accessories declined by 0.56 percent apart from 65.96 percent other transport equipment during July-April period. However, import of motor cycles in both CBU and CKD form surged 50.83 and 1.42 percents, respectively. Motor cycles' import, in CBU condition, surged to 2.080 million dollar during the first 10 months of current fiscal compared to 1.379 million dollar of last year.
Likewise, import of motorcycles in CKD and SKD form also grew upto 35.589 million dollar during the first ten months of the current fiscal, up by 1.42 percent from 35.089 million dollar over the same period last year.