Tea import increases by 17.03 percent

ISLAMABAD: The Import of Tea in the country registered an increase of 17.03 percent during first month of financial year as the country consumed about 9,116 metric ton in the month of July 2011.

According to the data released by Federal Board of Statistics (FBS), during the month of July, 9,116 metric ton tea costing 26.494 million dollar as compared to the 7,616 metric ton costing 22.638 million dollar during month of June 2011.

The tea import was increased by 4.97 percent as compared to the same period of last year as tea import during the month of July 2010 was recorded as 10,415 metric ton costing 25.240 million.

Meanwhile, import of Soya Bean Oil was decreased by 75.42 percent as compared to the import of the commodity during same period of last year.

The import of the commodity was 629 metric ton costing 0.698 million dollar in July 2011 as compared to 2,259 metric ton costing 2.8 million dollar during same period of corresponding year.

The import of Spices was also reduced by 12.80 percent as compared to same period of corresponding year.

Copyright APP (Associated Press of Pakistan), 2011