Pakistan’s tea imports escalate by 6.76% during 2018

Pakistan’s tea imports escalate by 6.76% during 2018

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ISLAMABAD: Pakistan’s tea imports have recently witnessed an increase of 6.76% during the first eleven months of the fiscal year 2017-18 as against the corresponding period of last year.

The tea imports into the country during July-May (2017-18) were recorded at $524.018 million against the imports of $490.848 million during July-May (2016-17), according to Pakistan Bureau of Statistics (PBS).

In terms of quantity, the tea imports, however, witnessed negative trend of 4.80% by declining from imports of 183,791metric tons last year to 174,968 metric tons during the current fiscal year, the data revealed.

It is appropriate to mention here that the overall food imports into the country during the period under review witnessed increase of 1.06%.

The food imports during the first eleven months of the outgoing fiscal year were recorded at $5,715 million against the imports of $5,655 million, according to PBS data.

Meanwhile, on yearly basis, the tea imports into the country during the month of May decreased by 19.88% as compared to the same month of the last year.

The tea imports into the country during May 2018 were recorded at $31.036 million against the imports of $38.736 million in April 2017.

 

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