Pharmaceutical exports increase by 10.27 percent

ISLAMABAD: The Pakistan Bureau of Statistics (PBS) has said exports of pharmaceutical products from the country witnessed an increase of 10.27 percent during the first two months of the current financial year (2020-21) as compared to the same period in 2019.

According to the Pakistan Bureau of Statistics (PBS), Pakistan exported pharmaceutical products worth the US $41.197 million during July-August (2020-21) as against the exports of US $37.360 million during July-August (2019-20), showing a growth of 10.27 percent.

The exports in terms of quantity rose by 4.93 percent, by going up from 2,599 metric tons to 2,477 metric tons during the period under review, said PBS.

On a year-to-year basis, the exports of pharmaceutical products, however, witnessed a nominal decrease of 1.80 percent during the month of August 2020 as compared to the same month of last year, PBS data revealed.

The exports of pharmaceutical products from the country during August 2020 were recorded at $16.636 million against the exports of $16.941 million in August 2019.

On a month-on-month basis, the exports of pharmaceutical products also declined by 32.27 percent during August 2020, when compared to the exports of US $ 24.561million during July 2020, the data said.

 

 

 

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