Cement export posts 20.38% growth

The export of cement from the country have posted growth of 20.38 percent during the first two months of the current financial year as compared to that of the same period of last year.
According to data of Pakistan Bureau of Statistics (PBS), about 1,154,554 metric ton cement worth US$ 91.356 million was exported during July to August 2012 against 1,457,677 metric ton worth US$ 75.891 million during the same period last year. The cement export i.e., about 609,429 metric ton valuing US$ 45.159 million during August 2012 recorded 11.80 percent increase than 545,125 metric ton worth US$ 46.197 million during the previous month. During July-August 2012, the export of gems and jewellary registered growth of 35.34 percent and 156.45 percent respectively. About two metric ton gems worth US$ 0.540 million were exported against one metric ton valuing US$ 0.339 million during the same period last year, the data revealed. Likewise, jewellary worth US$ 339.76 million was exported during the first two months of current financial year as compared to US$ 132.48 million during same period last year. However, the export of furniture remained on down track and decreased by 29.35 percent during the first two month 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 US$ 0.265 million exported as against 2,025 metric tons of US$ 0.247 million same period last year.