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Home Business & Stock

Pakistan tea imports decline by 9%

MM News Staff by MM News Staff
May 23, 2023
Reading Time: 2 mins read
(photo online)

(photo online)

ISLAMABAD: A nine percent decrease in tea imports was recorded on an annual basis in the first 9 months of the financial year.

According to the Pakistan Bureau of Statistics, the volume of tea imports from July to March was $383.63 million dollars which is Nine percent less than the same period of the previous financial year, the volume of tea imports was recorded at $418.94 million in the same period of the previous financial year.

The import of tea in March was only $36.88 million, compared to $21.39 million in February and $52.68 million in March last year. In FY 2022, tea was imported worth $561.13 million.

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On the other hand, textile exports decreased by 14 percent during the 10 months of this financial year. The Federal Bureau of Statistics has released data regarding textiles. According to the data, textile exports decreased by 14.2 percent during the 10 months of this financial year.

On the other hand, textile exports decreased by 14 percent during the 10 months of this financial year. The Federal Bureau of Statistics has released data regarding textiles. According to the data, textile exports decreased by 14.2 percent during the 10 months of this financial year.

The report stated that from July 2022 to April 2023, textile exports worth $13.70 million were made, while the export volume in 10 months of the previous financial year was $15.98 million. The report said that exports of the textile sector fell by 29 percent in April.

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