Pakistan’s Cement Export Increases 8.27% YoY In Q1FY21

The export of cement in September 2020 was recorded at $27.788 million against the export of $24.623 million in September 2019.

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The Power Cement Limited plant in Nooriabad, Sindh. (Asim Hafeez/Bloomberg)

The export of cement from Pakistan witnessed a boost of 8.27% during the first quarter (Q1) of the financial year (FY2020-21) compared to the corresponding period of the last fiscal year.

DG Khan Cement Plant Hub Project, Lasbela, Balochistan, near Karachi.

According to the data published by the Pakistan Bureau of Statistics (PBS), the country exported cement worth $72.296 million ,during July-September FY21 against the exports of $66.773 million during the July-September FY20.

In terms of quantity, cement exports increased 30.09%, from 2,196,835 metric tonnes to 1,688,687 metric tonnes.

DG Khan Cement Plant Hub Project, Lasbela, Balochistan, near Karachi.

Meanwhile, on a year-on-year basis, cement exports grew 23.9% in September 2020 compared to the same month of last year.

The export of cement in September 2020 was recorded at $27.788 million against the export of $24.623 million in September 2019.

Likewise, on a month-on-month basis, cement exports rose 28.75% in September 2020 compared to the exports of $21.583 million in August 2020.

Attock Cement Pakistan Limited in Hub, Balochistan, near Karachi.

It is pertinent to state that the overall merchandise trade deficit increased by 2.02% during the first quarter of the FY21 compared to the corresponding period of last year.

The deficit during the July-September FY21 was recorded at $5.804 billion compared to the shortage of $5.689 billion last year.

Bestway Cement factory in the outskirts of Karachi.

During the period under review, the state’s exports registered a fall of 0.94%, from $5.510 billion last year to $5.458 billion during the current year.

On the other hand, the imports decreased by 0.56%, from $11.199 billion last year to $11.262 billion during the current year.

What are your views on this? Share with us in the comments below.

  • PK exports should be in the $100bn range- but terrible mismanagement by the crooks of the Sharifs and Zardaris have the country in a terrible state.


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