Home Business Exports of cement fall 47.80pc YoY in July 2021

Exports of cement fall 47.80pc YoY in July 2021

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ISLAMABAD: The cement exports witnessed a decrease of 47.80 percent during the first month of current fiscal year 2021-22, against the exports of the corresponding period of last financial year 2020-21 on a year-on-year (YoY) basis.
The country exported cement worth $11.967 million during July 2021 against the exports of $22.925 million during July 2020, showing a decline of 47.80 percent, according to the Pakistan Bureau of Statistics (PBS).
In terms of quantity, the exports of cement also dipped by 50.04 percent by going down from 741,391 metric tons to 299,605 metric tons, according to the data.
Meanwhile, on a month-on-month basis, the exports of cement also decreased by 16.46 percent during July 2021 as compared to the exports of $14.325 million in June 2021, the PBS data revealed. – TLTP