Pakistan Today

Pharmaceutical exports up by 23.06%

The export of pharmaceutical products from the country during the last eleven months of the current financial year registered an increase of 7.52 percent.
According to data from the Pakistan Bureau of Statistics (PBS), as many as 19,556 metric tonnes of pharmaceutical products worth US$ 142.03 million were exported during the period from July-May 2012. Furthermore, the export of pharmaceutical products was recorded at 20,464 tonnes valued at US$ 132.10 million during the first eleven months of the last financial year. During the period under review, the export of chemical and pharmaceutical products has also posted a positive growth of 23.06 percent as compared to the exports of the same period last year. From July-May 2012, the exports raised revenue worth US$ 1006.63 million, whereas the value of exports from in the July-May 2011 period was US$ 817 million. In the last eleven months of the current financial year, the exports of other chemicals increased by 39.47 percent as compared to exports during the same period last year. Other chemicals worth US$ 433.99 million were exported in the first eleven months of the current year as compared to chemicals valued at US$ 311.168 million in the same period last year.

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