Cement Export From The Country Posted Growth of 20.38%

Cement export from the country during the first two months of current financial year posted growth of 20.38 percent as compared to the same period of last year. According to data of Pakistan Bureau of Statistics (PBS), about 1, 154, 554 metric ton cement worth $91.356 million was exported during the period from July to August 2012 as against the export of 1, 457, 677 metric tonnes costing $75.891 million in same period of last year. Cement export from the country recorded 11.80 percent during the month of August as compared to export of last month as about 609, 429 metric tonnes cement valuing $45.159 million during the period under review as compared to the export of 545, 125 metric tonnes worth $46.197 million during the month of July 2012. During the period from July-August 2012, the export of gems and jewellery registered growth of 35.34 percent and 156.45 percent, respectively as about 2 metric tonnes of gems worth $0.540 million exported as against 1 metric tonne valuing $0.339 million of same period last year, it revealed. Meanwhile, jewellery worth $339.76 million was exported during the first two months of current financial year as compared to $132.48 million during same period of last year. However, the export of furniture remained on down track and decreased by 29.35 percent during the first two months of current financial year where as handicraft exports remain stagnant. The data further revealed that the export of molasses registered 7.29 percent growth as 1, 923 metric tons of molasses costing $0.265 million exported as against 2, 025 metric tonnes of $0.247 million in same period last year. Source: uaecement