ISLAMABAD  - Palm oil import increased by 28.36 per cent during the first eight months of the current fiscal year as compared to the same period of last year.
The palm oil import during July-February (2011-12) was recorded at $1.611 billion against $1.255 billion during July-February (2010-11), according to data of Pakistan Bureau of Statistics (PBS).
In terms of quantity, the palm oil import increased by 7.74 percent by going up from 1,331,744 metric tons of last year to 1,434,826 metric tons during the current year.
On the other hand, the soyabean oil import during the period under review decreased by 7.66 per cent, the data revealed.
The soyabean import was recorded at $45.291 million in July-February (2010-11) which declined to $41.823 million during the current year.
In terms of quantity, the soyabean import decreased by 28.21 percent by falling from imports of 44,879 metric tons of last year to 32,219 metric tons during the current year.
The overall food imports into the country during the period under review decreased by 2.47 percent. The food imports decreased from $3.544 billion of last year to $3.457 billion during the current year.