Graana News

Pakistan set to export cement to US first time in history

KARACHI: Pakistan is set to start exporting cement to the US for the first time ever. DG Khan Cement Company (DGKC), the country’s largest cement manufacturer, has brokered a deal with the US to supply 0.6 million tonnes of cement.

invest with imarat

Islamabad’s emerging city centre

Learn More

The country’s cement producers were previously exporting cement to India, Afghanistan, and a few African countries only. With the US emerging as a new trade partner for Pakistan in the cement industry, this deal is set to open up new avenues for trade.

DGKC is currently in the process of loading cement on a US-bound ship at Karachi port for a delivery to Houston, Texas. The first consignment consists of 50,000 metric tonnes of cement.

Exporting cement to the US will significantly benefit the country’s export receipts, allowing the country to stabilise its Balance of Payment (BoP) to some extent. Exports for this commodity have previously been on a decline as May 2022 saw a massive decrease of 76.97 percent to 171,915 tonnes, compared to 746,550 tonnes in May 2021.

Overall, in the first 11 months of the current fiscal year, both domestic and international cement dispatches totalled to 47.62 million tonnes – a decline of 8.8 percent compared to the previous fiscal year. With more dispatches to the US expected in the future, the country’s cement industry may see a rise in the international market.

Ahmed Rehan

An editor and writer at Graana.com, Ahmed Rehan Nasir has a passion for creating engaging and informative content. With years of experience in the industry, Rehan has honed his writing skills and developed a deep understanding of SEO practices, crafting content that resonates with diverse audiences.

Recent Posts

Exploring Kalabagh: The Historic City in Mianwali District

Kalabagh, a small yet historically significant town in Pakistan’s Punjab province, is located within the…

1 day ago

Nazimabad Number 2: A Well-Known Residential Area in Karachi

Nazimabad Number 2 is a well-known neighbourhood in Karachi, Pakistan, renowned for its vibrant community,…

2 days ago

A Guide to Quetta Town in Karachi

Quetta Town is a residential neighbourhood located in the vibrant city of Karachi, Pakistan. Known…

3 days ago

Akbar Chowk Lahore: A Focal Point of Connectivity

Akbar Chowk in Lahore stands as one of the city’s most critical intersections, serving as…

4 days ago

A Guide to Khuda Baksh Colony Lahore

Khuda Baksh Colony, located near Bhatta Chowk in Lahore, is a rapidly developing residential area…

5 days ago

Gol Market Karachi: A Vibrant Commercial Hub

Gol Market in Karachi is one of the city's most iconic and bustling commercial centres.…

2 weeks ago