Cement export surges 26pc in five months

ISLAMABAD: The export of cement from the country increased by 26.02 per cent to $131.12 million during first five months of the current fiscal year as compared to $104.04 million worth of cement export recorded during the same period of the previous year.

According to the latest data released by Pakistan Bureau of Statistics (PBS), in term of quantity, the export of cement witnessed an increase of 46.79 per cent during July-November (2018-19) as it jumped from 2.066 metric tonnes in July-November (2017-18) to 3.033 billion metric tonnes in the same period of the current fiscal year.

On a year-on-year and month-on-month basis, the cement export in November 2018 also jumped by 48pc and 0.11pc when compared with the export during November 2017 and October 2018 respectively.

The export increased from $18.044 million in November 2017 and $26.75 million in October 2018 to $26.778 million in November 2018.

In term of quantity, the export of cement increased by 74pc as it increased from 363,446 million metric tonnes in November 2017 to 635.192 million metric tonnes in the same month of the current year.

- Advertisement -
- Advertisement -

Must Read

PKR further strengthens against USD, interbank rate stands at 289.7 

In the interbank market on Tuesday, the Pakistani rupee exhibited a notable trend of strengthening against the US dollar, with its exchange rate dipping...