Tea import bill up by 5.53 percent to $336.4m in 6 months

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ISLAMABAD: Tea imports into the country witnessed an increase of 5.53 percent during the first half of current fiscal year as compared to the last year’s corresponding period, Pakistan Bureau of Statistics (PBS) reported. The tea imports into the country increased up to $336.423 million during July-December (2023-24) compared to the imports of $318.798 million in July-December (2022-23), according to PBS data. In terms of quantity, the imports surged by 9.12 percent as the country imported 139,751 metric tonnes tea during the period under review as compared to the imports of 128,068 metric tonnes. Meanwhile, on year-on-year basis, the tea imports during December 2023 decreased by 16.80 percent to $58.869 million from last December’s $70.759 million. The imports of the commodity however witnessed an increase of 9.81 percent in December 2023 when compared to the imports of $53.608 million in November 2023, according to PBS data. DNA