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Pakistan

Cement export increases 48pc in March    

Published Updated

ISLAMABAD: The export of cement soared to $16.882 million in March 2018 from $11.37 million in the same month of 2017, showing an increase of 48.4 per cent.

On month-on-month basis, the export of cement also went up by 27.4 per cent as the export during February 2018 was recorded at $13.24 million, according to latest data released by Pakistan Bureau of Statistics (PBS). During first nine months of current fiscal year, the export of cement, however witnessed a decrease of 13.01 per cent as compared to the export of July-March (2017-18).

The export during the period under review went down to $166.6 million in July-March 2018-19 from $191.5 million in same period of last year.

Meanwhile, export of molasses witnessed a surge of 247 per cent during the period under review as it soared to $13.722 million in July-March 2018-19 from $3.945 million in same period of last year.

Handicrafts' export also increased by 40.28 per cent from $2.85 million in first nine months of fiscal year 2017-18 to $4 million in same period of current fiscal year.

Furniture exports however witnessed a decline of 14.58 percent as it went down to $3.018 million in the period under review from $3.533 million in same period of last year.

Copyright APP (Associated Press of Pakistan), 2018

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