Pharmaceutical products’ export increase by 12%

KARACHI: The pharmaceutical product’s exports have increased by 12.35 percent during the first quarter of the financial year (2019-20) as compared to the exports of the corresponding period of last year.

According to the Pakistan Bureau of Statistics (PBS), the pharmaceutical exports were recorded at $55.481 million during July-September (2019-20) as against the exports of $49.383 million during July-September (2018-19), it showed an increase of 12.35 percent.

The exports of pharmaceutical goods increased by 22.42 percent from 2,792 metric tons to 3,418 metric tons.

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The pharmaceutical exports in September 2019 were recorded at $18.210 million against the exports of $15.651 million in September 2018.

The exports increased from $5.374 billion during the last year to $5.522 billion during the current fiscal year, showing growth of 2.75 percent.