Petroleum group worth USD 32.801 million exported during the month of March 2018

The Petroleum products export from the country during the month of current financial year declined by 33.63 percent on month on month basis and rise by 36.77 percent respectively as compared to the corresponding period of fiscal year.

The data, published by Pakistan Bureau of Statistics, revealed that the biggest composition in the export of petroleum products is crude petroleum which occupies more than 66% of the export of petroleum and coal group and the other remaining 33% is occupied by other petroleum products excluding naphta.

About 45,753 metric tons crude petroleum worth US$ 21.906 million were exported during the month of March of fiscal year 2017-18 as against the export of crude petroleum 45,241 metric tons worth US$ 18.218 million of same period last year.

According the PBS data, about 16,113 metric tons of petroleum products excluding Naphta cost US$ 10.895 million exported as compared to the exports of 3,469 metric tons worth US$ 2.016 million of same period of last year.

On month on month basis, crude petroleum exports declined by 5.17% in March 2018 as 45,753 metric tons of crude petroleum worth US$ 21.906 million was exported compared to 45,411 metric tons valuing US$ 23.100 million for the month of February 2018.

Whereas of petroleum products excluding Naphta exports declined by 44.45 percent in March, 2018 as compared with the previous month of current year as about 16,113 metric tons of above mentioned commodities valuing US$ 10.895 million exported as compared to the 28,169 metric tons worth of US$ 19.61 million for the month of February 2018.