ISLAMABAD: Export of pharmaceuticals goods from country witnessed an increase of 30.38 percent during first eight months of fiscal year (2022-23) as compared to corresponding period last year.

Pakistan exported pharmaceutical products worth $ 232.812 million during period from July-February (2022-23) as compared to export of $ 178.563 million during July-February (2021-22), showing growth of 30.38 percent, according to Pakistan Bureau of Statistics (PBS).

In terms of quantity, export of pharmaceutical goods also rose by 109.06 percent from 18,551 metric tonnes to 38,783 metric tonnes, data revealed.

Meanwhile, on year-on-year basis, pharmaceutical goods’ export increased by 17.26 percent during month of February 2023 as compared to same month of last year. Pharmaceutical exports in February 2023 were recorded at $ 27.661 million against export of $ 23,590 million in February 2022, PBS data revealed. On month-on-month basis, exports of pharmaceutical goods however decreased by 8.15 percent in February 2023 as compared to $ 30.114 million in January 2023.

Published in The Daily National Courier, March, 30 2023

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