Ahmed Mukhtar Naqshbandi
ISLAMABAD: The export of pharmaceutical items from Pakistan increased by 26.85 percent during the first half of the fiscal year (2022-23) compared to last year.
During the period from July to December (2022-23), Pakistan exported pharmaceutical products worth US$ 175.025 million as compared to the export of US$ 137.978 million from July-December (2021-22), showing a growth of 26.85 percent, according to the Pakistan Bureau of Statistics (PBS).
In terms of quantity, the data revealed that the export of pharmaceutical goods also rose by 88.21 percent from 15,197 metric tons to 28,603 metric tons.
Pakistan exported pharmaceutical products worth US$ 175.025 million
Meanwhile, on a year-on-year basis, the export of pharmaceutical goods increased by 26.83 percent during December 2022 compared to the same month last year.
In comparison to the same period the previous year, the export of pharmaceutical items from the nation increased by 26.85% during the first half of the fiscal year (2022-23). On a monthly basis, pharmaceutical goods exports decreased by 2.43 percent in December 2022 compared to US$ 31.953 million in November 2022.
