In 2021, new vehicle imports reaches an all-time high

Pakistan has witnessed record foreign exchange spending on highest-ever arrival of new automobiles in 2020-21 on strong demand followed by revival of used vehicles imports.

The country imported record 10,513 units of new cars, jeeps, vans, pickups, two-wheelers and buses in FY21 compared to 1,680 units in FY20, 3,716 units in FY19 and 7,424 units in FY18.

Besides, for the first time, 390 new electric vehicles (EVs) and 19 used EVs were also imported in FY2

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