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Tea import reduces 6.33pc in 7 months

byCT Report
06/03/2017
in Business
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ISLAMABAD: Tea import into the country during first seven months of current financial year reduced by 6.33 percent as compared to the corresponding period of last year. During the period from July-January, about 124,765 metric tons of tea valuing $305.414 million was imported to fulfill the domestic requirements of the commodity, according to data of Pakistan Bureau of Statistics. Tea import into the country during first seven months of last financial year was recorded at 105,941 metric tons valuing $326.53 million, it added.

On month on month basis, tea import into the country in January, 2017 increased by 4.14 percent as against the import of same month of last year. About 19,522 metric tons of tea valuing $48.9m imported in month of January, 2017 as compared the import of 14,886 metric tons worth $ 6.100 million of same month of last year. Meanwhile, spices import in 7 months also decreased by 7.71 percent and reached at 93,016 metric tons valuing $75.959m as against the import of 89,633 metric tons worth $82.309m of same period of last year.

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