Pharmaceutical goods’ export increases 7pc in Q1FY22

ISLAMABAD: The export of pharmaceutical goods from the country has witnessed an increase of 7.36 per cent up to $73.428 million during the first quarter of the current financial year (Q1FY22) as compared to the export of $68.393 million in the corresponding period of last year.

In term of quantity, pharmaceutical goods’ export also rose by 63.46pc from 4,477 metric tonnes to 7,318 metric tonnes during July-September FY22, according to the Pakistan Bureau of Statistics (PBS).

Meanwhile, on a year-on-year (YoY) basis, the pharmaceutical goods export, however, witnessed a decrease of 3.21oc during the month September 2021 as compared to the same month of last year.

Exports in September were recorded at $26.488 million against the export of $27.366 million in September 2020, the data revealed.

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On month-on-month (MoM) basis, exports of pharmaceutical goods increased by 17.09pc in September 2021 as compared the $22.621 million in August 2021.

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