Thursday, July 18, 2024

Pakistan Imported Tea of $192 Million in 4 Months

Tea imports from July-October (2022-23) were recorded at $192.474 million as against $188.304 million for July-October (2021-22).

On a month-on-month (MoM) basis, the tea imports however increased by 32.30 percent when compared to the imports of $ 43.290 million in September 2022.

On a year-on-year basis, tea imports surged by 54.09 percent in October 2022 when compared to the imports of the same month of last year.

Key Points:

  • July-October tea imports were recorded at $192.474 million.
  • In terms of volume, imports declined by 8.90 percent.
  • Pakistan’s total food imports increased by 9.71%.

The trade deficit this year was recorded at $11,469 million, which shows a decrease of 26.59% compared to last year’s deficit of $15,624 million.

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