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Cement exports post 24.08pc increase in eight months

Published Updated

imageISLAMABAD: Cement exports from the country during first eight months of current financial year posted an increase of 24.08 percent as compared to same period of last financial year.

From July-February 2012-13 about 5,590,775 metric tons of cement worth US$ 376.85 million exported as compared to 5,589,372 metric tons valuing US$ 303.71 million of corresponding period of last year.

According the data of Pakistan Bureau of Statistics (PBS), on month on month basis, the export of cement witnessed an increase of 18.98 percent and reached at 505,857 metric ton in month of February 2013 from 486,165 metric tons during same months of last year.

During the month under review country earned US$ 36.144 million by exporting cement which stood at US$ 30.37 million in months of February 2012 showing an increase of 18.98 percent in dollar terms.

Besides, the exports of other items including gems increased by 16.99 percent, jewellary by 138.73 million and furniture exports by 22.57 percent during the period under review, it added.

However, the exports of molasses registered decrease of 51.89 percent in last eight months of current financial year, the data revealed.

From period July-February 2012-13, 6 metric tons of gems worth US$ 2.74 million exported as compared to 4 metric tons of US$ 2.34 million of same period last year where as country earned US$ 1.208 billion by exporting of jewellary as during the period under review.

Meanwhile, the exports of handicrafts registered an increase of 494.08 percent increase in first eight months of current financial year and reached to US$ 1.004 million as compared to 0.196 million of same period of last year.

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