Tea worth US$ 51.724 million imported in first month of FY 2018-19

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ISLAMABAD, Sep 7 (APP):Tea worth US$ 51.724 million imported into the country during the first month of current financial year as compared the import of US$ 45.912 million of the corresponding month of last year.
According the data of Pakistan Bureau of Statistics about 18,643 metric tons of tea was imported in month of July as compared the import of 15,303 metric tons of same month of last year, showing an increase of 12.66 percent.
During the month of June, 2018, tea import into the country was recorded at 10,162 metric tons valuing US$ 27.879 million, the data added.
However, during the period under review, the imports of soyabean into the country reduced by 88.14 percent and palm oil by 4.72 percent respectively. About 6,391 metric tons of soyabean worth US$ 5.002 million imported to fulfill the domestic requirements as against 36,380 metric tons valuing US$ 42.163 million of the same month of last year, the data reveled.
Meanwhile, country consumed about 252,725 metric tons of palm oil costing US$ 186.262 million, which was recorded at 213,230 metric tons valuing of US$ 1756.598 million of same period of last year.
In July, 2018, the import of dry fruits and nuts decreased by 93.95 percent and was recorded at 647 metric tons costing US$ 0.885 million as compared the imports of 10,507 metric tons valuing US$ 14.618 million of same month of last year, it added.
It may be recalled that during first month of current financial year (2018-19), food groups imports into the country decreased by 12.16 percent as against the same month of last year.
Different food Commodities costing US$ 469.613 million imported during the period under review as compared the import of US$ 534.648 million of same period of last year, it added.