For the first time Pakistan will export cigarettes worth $50 million to gulf states
- The country is going to export cigarettes worth $50 million for the first time.
- According to the figures for 2018-2019, at least 1108,000 tonnes of tobacco worth $24.4 million was exported to more than 20 countries.
Tobacco cultivation in Pakistan adds valuable sums to the national treasury that the country gets via its export. Belgium, Saudi Arabia, UAE, Italy, Ukraine, Australia, Kuwait, Indonesia, Germany, and several other countries are included in the list of tobacco importers from Pakistan according to the data available with Pakistan Tobacco Board.
The notable addition is the order that Pakistani tobacco companies have received from the gulf states including the Kingdom of Saudi Arabia. The country is going to export cigarettes worth $50 million for the first time.
Currently, Pakistan has a market share of around $25 million and the country has been exporting tobacco in the unfinished form to some of the Middle East and European countries amounting to 30 percent of the total tobacco production in the country. The rest of the tobacco is used for domestic cigarettes’ production.
According to the figures for 2018-2019, at least 1108,000 tonnes of tobacco worth $24.4 million was exported to more than 20 countries.
“All the standards set by the importers have now been met successfully and we are expecting the export of cigarettes to Middle Eastern states to start by next month, told an internal source of PTB to a local news outlet.
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“It is the positive development that Pakistan will be exporting the finished product for the first time. We might enable to export cigarettes to other countries once we successfully capture the Gulf market,” the source added.
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