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Tobacco exports dip 17pc during 11 months

byCT Report
19/07/2019
in Business, Latest News
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ISLAMABAD: The export of tobacco from the country witnessed a decrease of 17.87 per cent during the first eleven months of the fiscal year 2018-19, as compared to the corresponding period of last year.

Tobacco exports from the country were recorded at $20.701 million during July-May 2018-19, as against $25.206 million during July-May 2017-18, according to the Pakistan Bureau of Statistics (PBS).

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In terms of quantity, the exports of tobacco witnessed an increase of 25.27pc, as it went up from 8,824 metric tonnes to 2,710 metric tonnes.

Meanwhile, on a year-on-year basis, the export of tobacco increased by 193.9pc in May 2019, as it went up from $0.509 million in May 2018 to $1.496 million in May 2019.

On a month-on-month basis, the export of tobacco materials also witnessed an increase of 12.31pc in May 2019, when compared to the export of $1.332 million in April 2018.

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