Tea imports brew an increase

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ISLAMABAD: Tea import into the country during the first two months of current financial year registered an increase of 0.96 percent as the country consumed 19,745 metric tons of tea during the period from July to August 2011.

According to the monthly foreign trade figures of the Federal Bureau of Statistics (FBS), country paid US$ 56.5 million to fulfill the satisfaction of the tea lovers during the period under review.

Tea import in the country was recorded at 22,187 metric tons costing US$ 56.0 million during the first two months (July-August) 2010, the data revealed.

Meanwhile, sugar import witnessed a declining trend as its import was
decreased by 94.77 percent after soaring prices of the commodity in local markets and about 7,847 metric ton sugar costing US$ 6.1 million was imported during July-August 2011.


As compared to the period under review, sugar import in the country was recorded at 192,855 metric tons cost US$ 117.7 million during first two month of last year.

The import of palm oil and soyabean oil were increased by 632.72 percent and 58.88 percent respectively as about 18,728 metric tons of soyabean oil and 388,437 metric tons of palm oil imported during the period from July to August 2011.

During the period from July to August 2010 the import of soyabean and palm oil was recorded at 352,696 metric tons and 192,855 metric tons respectively. (APP)