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Tea valued at $436.677 million imported in 8 months

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Tea imports into the country during first eight months of current financial year grew by 10.13 per cent as compared to the imports of the corresponding period of last year.

During the period from July-February 2023-24 about 180,509 metric tons of tea valued at $436.677 million were imported as against the imports of 161,056 metric tons costing $395.489 million of the same period of last year, according to the data of the Pakistan Bureau of Statistics. On month basis, the tea imports into the country grew by 38.53 per cent as 18,685 metric tons of tea valued at $45.269 million consumed as compared to the consumption of 15,365 metric tons costing $32.678 million of the same month of the last year.

However, the imports of edible oil including soyabean and palm into the country during the period under review decreased by 48.10 percent and 32.47 percent respectively as compared to the imports of the same period of the last year.

Palm oil imports into the country went down from $2.681 billion to $1.810 billion as over 1.959 million metric tons of palm oil were imported as compared to the imports of 1.115 million metric tons of the same period last year.—APP

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