Fertilizer imports drop 24.84pc in first half of FY 2020-21

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Islamabad

Fertilizer imports, into the country during first half of current financial year, has been decreased by 24.84 percent as compared the imports of the corresponding period of last year.

During the period from July-December, 2020-21, about 897,591 metric tons fertilizer costing $325.499 million imported as compared the imports of 1,285,603 metric tons valuing $433.052 million of same period last year.

However, during the period under review, imports of agriculture inputs into the country witnessed growth of 5.93 percent as agricultural inputs including fertilizers, pesticides, insecticides and medicinal products worth $4.048 billion imported, which stood at $3.93 billion in same period of last year.

Meanwhile, about 18,830 metric tons of insecticides valuing $87.227 million imported in last 06 months as compared the imports of 13,911 metric tons costing $77.072 million of same period last year, according the data of Pakistan Bureau of Statistics.—APP