ISLAMABAD, Pakistan: The exports of meat and meat preparations from the country increased by 44.10 percent during the first quarter of the current fiscal (2015-16).
The exports of meat and meat preparations during July-September (2015-16) were recorded at $71.235 million compared to the exports of $49.435 million in July-August (2014-15), according to the latest trade data released by Pakistan Bureau of Statistics (PBS) here Thursday.
Meanwhile, on year-on-year basis, the meat exports increased by 33.05 percent in September 2015 compared to the same month of last year.
The meat exports during September 2015 were recorded at $19.999 million compared to the exports of $15.031 million, the data revealed.
On month-on-month basis, the exports of meat and meat preparations, however decreased by 14.16 percent in September 2015 when compared to the exports of $33.986 million in August 2015.
It is pertinent to mention here that the overall food exports from the country decreased by 9.42 percent during the first quarter of the current fiscal year compared to the same period of last year.
The food exports in July-September (2015-16) stood at $794.309 million compared to the exports of $876.951 million in July-September 2014-15.
During the first quarter of the current fiscal year, the overall trade deficit narrowed by 15.03 percent as revealed by the PBS data, owing to decline in imports as well as exports.
The imports during the period stood at $10.656 billion in July-September (2015-16) whereas the exports from the country stood at $5.155 billion during the period.
Based on the figures, the trade deficit was recorded at $5.501 percent during current year compared to the deficit of $6.474 billion during the corresponding period of last year, showing decline of 15.03 percent.
Source: APP
