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Fertilizer exports witness 100% increase during previous year

byCT Report
11/08/2017
in Business
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ISLAMABAD: Fertilizer exports from the country during the financial year ended on June 30, 2017 witnessed 100 percent increase as compared the exports of the corresponding period of last year.

During the period from July-June, 2016-17 about 44,250 metric tons of fertilizer manufactured worth US$ 10.58 million were exported  as compared the same period of last year. According the data of Pakistan Bureau of Statistics no quantity of the manufactured fertilizer were exported in 12 months of financial year 2015-16.

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The exports of chemical and pharma products also increased by 9.21 percent as chemical and pharm products valuing US $ 878.463 million exported as compared the exports of US $ 804.337 million of same period of last year.

During the period under review about 9,029 metric tons of pharmaceutical products worth US$ 212.291 million exported which was up by 3.63 percent against the exports of last year.

The country had earned US$ 204.846 million by exporting about 11,112 metric tons of pharmaceutical products during the year 2015-16, it added. Meanwhile, country exported surgical goods and medical instruments worth US$ 339.19 million during previous year as against the exports of US$ 358.766 million of the corresponding period of last year.

The exports of above mention goods were recorded at US$ 358.766 million during the financial year 2015-16. The exports of cutlery goods grew by 2.52 percent and reached at US$ 82.436 million in fiscal year 2016-17 as compared the exports of US$ 80.404 million of same period last year.

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