Tobacco exports dip 17pc in 11 months

ISLAMABAD: The export of tobacco from the country witnessed a decrease of 17.87 per cent during the first eleven months of the fiscal year 2018-19, as compared to the corresponding period of last year.

Tobacco exports from the country were recorded at $20.701 million during July-May 2018-19, as against $25.206 million during July-May 2017-18, according to the Pakistan Bureau of Statistics (PBS).

In terms of quantity, the exports of tobacco witnessed an increase of 25.27pc, as it went up from 8,824 metric tonnes to 2,710 metric tonnes.

Meanwhile, on a year-on-year basis, the export of tobacco increased by 193.9pc in May 2019, as it went up from $0.509 million in May 2018 to $1.496 million in May 2019.

On a month-on-month basis, the export of tobacco materials also witnessed an increase of 12.31pc in May 2019, when compared to the export of $1.332 million in April 2018.

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