Exports of petroleum, coal products surge 38.59 percent

ISLAMABAD: The export of petroleum and coal products increased by 38.59 per cent during first quarter of the current year as compared to the same period of last year.

The country exported petroleum and coal products worth US$374.48 million during July-September 2011-12 against the export of US$270.56 million during July-September 2010-11, Federal Board of Statistics (FBS) reported.

Out of the petroleum group and coal, the export of petroleum products (Excluding top naphtha) registered an increase of 11.59 per cent by growing from US$164.95 million last year to US$184.07 million during period under view.

The export of petroleum top naphtha was recorded at US$190.73 million during first of quarter of current year, witnessing growth of 80.65 per cent as compared to US$105.58 million during the same period last year.

On year-on-year basis, the export of petroleum group and coal has registered an increase of 51.29 per cent during the month of September 2011 over same month of last year.

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