Cement Export Increases By 3.26%
Sumaira FH Published August 02, 2021 | 01:00 PM
ISLAMABAD, Aug 2 (UrduPoint / Pakistan Point News - 2nd Aug, 2021 ) :The exports of cement witnessed an increase of 3.26 percent during the fiscal year 2020-21, against the exports of the corresponding period of last year.
The cement exports were recorded at $267.910 million during July-June (2020-21) against the exports of $259.441 million during July-June (2019-20), according to the Pakistan Bureau of Statistics (PBS).
In terms of quantity, the exports of cement also increased by 9.77 percent by going up from 7,119,834 metric tons to 7,815,153 metric tons, according to the data.
Meanwhile, on year-to-year basis, the exports of cement however decreased by 15.42 percent during the month of June 2021 as compared to the same month of last year.
The exports of cement during June 2021 were recorded at $14.325 million against the exports of $16.937 million in June 2020.
On month-on-month basis, the exports of cement also dipped by 49.79 percent during June 2021 when compared to the exports of $28.
528 million in May 2021, the PBS data revealed.
It is pertinent to mention here that the overall merchandise exports increased by 18.28 percent during the fiscal year (2020-21) as compared to the corresponding period of last year.
The exports of the country during July-June (2020-21) were recorded at US $ 25.304 billion against the exports of US $ 21.394 billion during July-June (2019-20), according to the latest PBS data.
The imports during the period under review was also increased by 26.60 percent by growing from US $ 44.553 billion to US $ 56.405 billion during the fiscal year (2020-21).
Based on the figures, the country trade deficit was increased by 34.29 percent during the period under review as compared to the corresponding period last year.
The trade deficit during the period was recorded as US $ 31.101 billion against the deficit of US $ 23.159 billion.
395/
Recent Stories
SC orders end of encroachments in Karachi
Nazish Jahangir denies viral screenshots, calls them fake
Govt likely to hike electricity price once again
Bismah Maroof announces immediate retirement from international cricket
Malala expresses unwavering support for Gaza people
Selection committee dissolved over Pakistan women cricket team's poor performanc ..
Punjab CM Maryam Nawaz in police uniform at Chung police center
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 25 April 2024
Today Gold Rate in Pakistan 25 April 2024
Mired in crisis, Boeing reports another loss
Session Awarding Ceremony 2024 held at Cadet College Muzaffarabad
Austrian ski great Hirscher to make comeback under Dutch flag
More Stories From Business
-
London stocks hit new record on blockbuster mining takeover bid
16 minutes ago -
Sialkot University, Ministry of Climate Change, Ethiopian embassy host business forum
36 minutes ago -
Govt likely to hike electricity price once again
2 hours ago -
Mining giant BHP launches bid to take over rival Anglo American
3 hours ago -
Gold rates up by Rs500 per tola to Rs242,500
4 hours ago -
Tokyo stocks end lower after Meta results
4 hours ago
-
EXCHANGE RATES FOR CURRENCY NOTES
5 hours ago -
Foreign exchange rates
6 hours ago -
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 25 April 2024
7 hours ago -
Today Gold Rate in Pakistan 25 April 2024
8 hours ago -
Meta profits soar but costs of AI cause worry
8 hours ago -
Mired in crisis, Boeing reports another loss
17 hours ago