INP-WealthPk

Export of Pharmaceutical Goods Goes up 7% in Three Months

October 28, 2021

Islamabad, Oct. 28 (INP-WealthPK): The export of pharmaceutical goods from the country has witnessed an increase of 7.36 percent during the first three months of the financial year 2021-2022 as compared to the corresponding period of the last year. According to data released by the Pakistan Bureau of Statistics (PBS), Pakistan exported pharmaceutical products worth USD73.428 million during July-September (2021-22) as compared to the export of USD68.393 million during July- September (2020-21), showing a growth of 7.36 percent. In terms of quantity, the pharmaceutical goods' export also rose by 63.46 percent from 4,477 metric tons to 7,318 metric tons, the data revealed. On a year-on-year basis, the export of pharmaceutical goods witnessed a decrease of 3.21 percent during September 2021 as compared to the same month during the last year. The pharmaceutical exports in September 2021 were recorded at USD26.488 million against the export of USD27.366 million in September 2020, the PBS data revealed. On a month-on-month basis, the exports of pharmaceutical goods increased by 17.09 percent in September 2021 as compared to the USD22.621 million in August 2021.