Cement exports fall 9.77pc to $22.9m during July

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ISLAMABAD: The exports of cement witnessed a decrease of 9.77 per cent to $22.925 million during July 2020 compared to the exports of $25.407 million during July 2019, according to a report released by the Pakistan Bureau of Statistics (PBS).

Meanwhile, on a month-on-month basis, the exports of cement grew by 35.35 per cent during July 2020 compared to the exports of $16.937 million in June 2020, the PBS data revealed.

Pakistan’s trade deficit during the first month of the current fiscal year fell 7.72 per cent compared to the corresponding period of last year.

The trade deficit during July 2020 was recorded at $1.686 billion compared to the deficit of $1.827 million in July 2019, the data revealed.

During the month under review, exports from the country increased by 6.10 per cent, from $1.886 billion last year to $2.001 billion during the current year.

On the other hand, imports witnessed a decline of 0.70 per cent falling from $3.713 billion last year to $3.687 billion this year.

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