KARACHI: Non-textile exports surged 17.3 percent to $5.23 billion in the first seven months of the current fiscal year of 2017/18 owing to increase in grains’ outbound shipments.
Pakistan Bureau of Statistics data early this week showed that Pakistan exported $4.46 billion worth of non-textile exports in the corresponding period of the last fiscal year. Textile exports amounted to $7.73 billion as compared to $7.21 billion previously.
Food exports rose 18.8 percent year on year to $2.39 billion in July-January with almost half of the foreign exchange revenue under the head coming from Basmati and non-basmati rice exports. The country earned $226.95 million from sugar exports during the period under review. There was no sugar export in the corresponding period a year ago, PBS data showed.
In January, sugar exports, however, decreased 14.2 percent in quantity and 13.3 percent in value over December 2017. Overall, food exports increased 29.6 percent year on year and 6.8 percent month on month to $469.15 million in January. In July-January, exports of fish and fish preparations also rose 8.9 percent year on year to $229.47 million. Other major non-textile exports, during the period, included petroleum products, sports goods, leather articles, surgical goods and chemicals and fertilisers.
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