Cement exports increase 11.79pc in 4MFY21

ISLAMABAD: The export of cement witnessed an increase of 11.79 per cent during the first four months (July-Oct) of the current financial year (FY21) as compared to the corresponding period of last year.

According to details, Pakistan exported cement worth $150.544 million in July-Oct FY21 as compared to the exports of $94.409 million in July-Oct FY20, according to data released by the Pakistan Bureau of Statistics (PBS) on Thursday.

Meanwhile, cement exports also increased 20.31pc to $63.890 million on a year-on-year (YoY) basis in October 2020, as compared to exports of $27.636 million in Oct 2019.

Similarly, on a month-on-month (MoM) basis, the export of cement rose 19.65pc in Oct 2020, as compared to the exports of $27.788 million in Sept 2020.

Must Read

Pakistan Eyes Kyrgyz Cotton to Bridge Local Shortfall

Pakistan plans to import three million bales of cotton worth $1.9 billion this year to address its production deficit, stated Ambassador Hasan Zaigham in...