Pakistan witnesses increase in cement exports

ISLAMABAD: The Pakistan Bureau of Statistics (PBS) has released a report indicating increase in cement exports by 32.81 percent during the first three quarter of the current fiscal year.

The export of the cement also witnessed an increase of 55.44 percent by ongoing up from 5,188,661 metric ton to 3,338,065 metric ton, according to the PBS reported quoted by the APP.

The cement exports from the country were recorded at $ 221,258 million during July-March (2018-19) against the export of $166,597 million during July-March (2017-18), showing positive growth of 32.81 percent.

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In terms of quantity, the export of the cement also witnessed an increase of 55.44 percent by ongoing up from 5,188,661 metric ton to 3,338,065 metric ton, according to the data.

Meanwhile, on-year-on-year basis, the cement export witnessed decrease of 8.83 percent during the month of March 2019 when compared to the same month of last year. The cement exports from the country during March 2019 were recorded at $ 15.392 million against the export of $ 16.882 million in March 2018.

On the other hand, on month-on-month basis, the cement export witnessed negative growth of 1.29 percent when compared to the export of $ 21.519 million in February 2019.

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