Pakistan Agriculture News

Tea imports up by 11.35pc in seven months

ISLAMABAD : Tea imports into the country during first seven months of current financial year increased by 11.35 percent as compared to imports of corresponding period of last year.

During the period from July-January, 2017-18, about 115,172 million tons of tea worth $339.997 million was imported to fulfill the domestic requirements as against the import of 119,314 million tons valuing $ 303.343 million of the same period of last year, according the data of Pakistan Bureau of Statistics.

During the period under review, about 80,171 metric tons of spices worth $93.23 million were imported as compared the imports of 68,965 metric tons valuing $75.939 million of same period last year, showing an increase of 22.15 percent. The imports of milk cream and milk for infants grew by 9.92 percent and about 55,042 metric tons of the commodities worth $152.331 million was imported as compared to imports of 46,525 metric tons valuing $138.584 million of same period of last year, it added.

During the period under review, soyabean oil imports into the country also grew by 82.18 percent as about 118.795 metric tons of above mentioned commodity valuing $105.778 million was imported as compared to imports of 38,254 metric tons valuing 58.063 million of same period of last year.

Meanwhile, about 1,662,763 metric tons of palm oil worth of US$ 1.208 billion imported to fulfill the domestic requirements as compared the imports of 1,448,796 metric tons valuing US$ 1.15 million of same period last year.

The imports of palm oil during the period under review grew by 19.04 percent as compared the first seven months of last year, according the data of Pakistan Bureau of Statistics.

Source The Nation