In comparison to the same month last year, tea imports increased by 2.21 per cent during the first four months of the current fiscal year, APP has reported.
Tea imports from July-October (2022-23) were recorded at $192.474 million against imports of $188.304 million from July-October (2021-22), according to data from Pakistan Bureau of Statistics (PBS).
The data showed that the quantity of tea imports actually declined during the study period by 8.90 per cent, from 84,590 metric tonnes in the preceding year to 77,065 metric tonnes in the same months of the current fiscal year.
On a year-on-year (YoY) basis, tea imports surged by 54.09 per cent in October 2022 when compared to the imports of the same month of last year. The country imported tea worth $57.272 million in October 2022 as opposed to $37.169 million in exports in August of the previous year.