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Pakistanis drank tea worth over $336 million in six months!

 Tea brings into country witness increment of 5.53% during first 50% of current monetary year

Wednesday, January 31, 2024


Tea brings into the nation saw an increment of 5.53% during the primary portion of the ongoing monetary year contrasted with last year's relating period, the Pakistan Agency of Measurements (PBS) information showed.


The tea brings into the nation expanded up to $336.423 million during July-December (2023-24) contrasted with the imports of $318.798 million in July-December (2022-23), as per PBS information.


As far as amount, the imports flooded by 9.12% as the nation imported 139,751 metric lots of tea during the period under audit contrasted with the imports of 128,068 metric tons.


In the interim, on a year-on-year premise, the tea imports during December 2023 diminished by 16.80% to $58.869 million from last December's $70.759 million.


The imports of the ware; be that as it may, saw an increment of 9.81% in December 2023 when contrasted with the imports of $53.608 million in November 2023, as per PBS information.


The general nutritional category brings into the country during the main portion of the ongoing monetary year saw a lessening of 19.48%.


The food imports during July-December (2023-24) were recorded at $3,957.188 billion as against the imports of $4,914.278 billion during the year before.


It is relevant to specify here that the country's general product import/export imbalance shrunk by 34.29% during the main portion of the ongoing financial year contrasted with the comparing time of the year before.


The import/export imbalance from July-December (2023-24) was recorded at $11.148 billion as against the shortage of $16.965 billion in July-December (2022-23), showing negative development of 34.29%.


During the period under audit, the commodities expanded by 5.17% to $14.981 billion contrasted with the products of $14.244 billion during the relating time of last year, as per the most recent PBS information.


Then again, the imports restricted by 16.28% and were recorded at $26.129 billion contrasted with $31.209 billion last year.

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