ISLAMABAD,: The exports of cement from the country witnessed an increase of 8.27 percent during the first quarter (Q1) of financial year (2020-21) as compare to the corresponding period of last fiscal year.<\/p>\n\n\n\n
The country exported cement worth US $72.296 million during July-September (2020-21) as against the exports of US $66.773 million during July-September (2019-20), showing growth of 8.27 percent, according to the Pakistan Bureau of Statistics (PBS).<\/p>\n\n\n\n
In terms of quantity, the exports of cement increased by 30.09 percent by going up from 2,196,835 metric tons to 1,688,687 metric tons, according to the data.<\/p>\n\n\n\n
Meanwhile, on year-to-year basis, the exports of cement grew by 23.85 percent during the month of September 2020 as compared to the same month of last year.<\/p>\n\n\n\n
The exports of cement from the country during September 2020 were recorded at $27.788 million against the exports of $24.623 million in September 2019.<\/p>\n\n\n\n
On month-on-month basis, the exports of cement also rose by 28.75 percent during September 2020 as compared to the exports of $21.583 million in August 2020, the PBS data revealed.<\/p>\n\n\n\n
It is pertinent to mention here that the overall merchandize trade deficit increased by 2.02 percent during the first quarter of current fiscal year (2020-21) as compared to the deficit of the corresponding period of last year.<\/p>\n\n\n\n
The deficit during July-September (2020-21) was recorded at $5.804 billion as compared to the deficit of $5.689 billion, showing increase 2.02 percent.<\/p>\n\n\n\n
During the period under review, the country\u2019s exports registered negative growth of 0.94 percent, by going down from $5.510 billion last year to $5.458 billion during the current year.<\/p>\n\n\n\n
On the other hand, the imports decreased by 0.56 percent, from $11.199 billion last year to $11.262 billion during the current year.<\/p>\n","protected":false},"excerpt":{"rendered":"
ISLAMABAD,: The exports of cement from the country witnessed an increase of 8.27 percent during the first quarter (Q1) of financial year (2020-21) as compare to the corresponding period of last fiscal year. The country exported cement worth US $72.296 million during July-September (2020-21) as […]<\/p>\n
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