Imports of agricultural chemicals increase 5.94pc YoY in Q1FY21

ISLAMABAD: The import of agricultural chemicals during three months of the current financial year increased by 5.94 per cent as compared to the imports of the corresponding period of last year.

The surge in the imports was mainly attributed with the preparation of land for the cultivation of major and minor crops of Rabi season.

The chemicals including fertilisers, pesticides and insecticides valuing $1.922 billion were imported during the period from July-September, 2020, as compared the imports of $1.815 billion of the same period last year.

During the period under review, fertiliser imports grew by 17.24pc as about 478,417 metric tonnes fertiliser valuing $149.697 million was imported as against 390,380 metric tonnes costing $127.689 m in the same period last year, according to the data of Pakistan Bureau of Statistics (PBS).

During last three months, imports of insecticides grew by 20.55pc and about 9,049 metric tonnes of different insecticides valuing $46.565 m imported as compared the imports of 5,420 tonnes worth $38.626 m of the same period last year.

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