Cement exports dip over 13pc to $66.7 million.

ISLAMABAD -- The export of cement during the first quarter of current financial year (2019-20) witnessed decline of 13.94 percent as compared to the corresponding period of last year.

The cement exports from the country were recorded at US $66.776 million during July-September (2019-20) as against the exports of $ 77.594 million during July-September (2018-19), showing negative growth of 13.94 percent, according to the latest data issued by Pakistan Bureau of Statistics (PBS).

In terms of quantity, the exports of cement decreased by 9.64 percent from 1,782,039 metric tons to 1,610,242 metric tons, according to the data.

Meanwhile, on year-on-year basis, the cement exports witnessed decline of 15.25 percent during the month of September 2019 when compared to the same month of last year.

The cement exports in September 2019 were recorded at $ 24.626 million against the exports of $29.057 million in September 2018, the PBS data revealed.

On month-on-month basis also, the export of cement decreased by 47.06 percent in September 2019 when compared to the exports of $16.745...