ISLAMABAD-The exports of pharmaceutical products from the country witnessed an increase of 23.13 per cent during the eight months of ongoing financial year (2020-21) as compared to the exports of corresponding period of last year. The country exported pharmaceuticals worth $184.135 million during July-February (2020-21) as against the export of $149.544 million during July-February (2019-20), showing growth of 23.13 per cent, according to the PBS.
In terms of quantity, the exports of pharmaceutical products also increased by 20.02 per cent by going up from 10,692 metric tons to 12,833 metric tons, according to the data. Meanwhile, on year- on- year basis, the pharmaceutical goods export increased by 11.77 per cent during the month of February 2021 as compared to the same month of last year. The pharmaceutical exports in February 2021 were recorded at $22.692 million against the export of $20.303 million in February 2020, the PBS data revealed. However, on month- on- month basis, the exports of pharmaceuticals also rose by 0.64 per cent in February 2021 when compared to $22.547 million in January 2021.