Pakistan’s food exports increase 17.52%

BusinessPakistan’s food exports increase 17.52%

ISLAMABAD, Pakistan: Pakistan exported food commodities worth US$ 742.391 million during the period from July-September 2017-18, witnessing a 17.52 percent increase as compared to the corresponding period of last year.

Last year, Pakistan had exported US$ 631.731 million food commodities during first quarter, according the latest data released by the Pakistan Bureau of Statistics.

The data revealed that during the first three months of current financial year, Pakistan’s rice exports grew by 31.91 percent and reached at 621,094 metric tons as compared the exports of 482,445 metric tons of the same period last year.

During the period under review, rice worth US$ 320.242 million was exported as compared the exports of US$ 242.694 million of same period last year.

In first quarter of current financial year, the Country earned US$ 90.931 million by exporting about 86,672 metric tons of rice as compared to the exports of 88.772 million and 92,321 metric tons of same period last year.

Exports of basmati rice grew by 2.43 percent and reached at 86,672 tons valuing of US$ 90.31 million in last three months as against 92,321 metric tons worth US$ 88.772 million tons of same period last year, the data said.

Meanwhile, about 534,442 metric tons of rice other than basmati worth US$ 299.321 million was exported during the period under review as against the exports of 390,124 metric tons valuing US$ 153,922 million of same period last year, showing an increase of 348.98 percent, it added.

Exports of fish and fish preparations grew by 17.64 percent and about 28,488 metric tons of fish and fish products valuing US$ 75.370 million were exported as compared to the exports of 21.959 metric tons worth of US$ 64.06 million of same period last year, it added.

During the period under review, wheat exports grew by 100 percent and about 1088 metric tons of wheat valuing US$ 344,000 was exported whereas 91,916 metric tons of sugar worth of US$ 41.99 million was exported which was also up by 100 percent as compared to the exports of same period last year, the data further revealed.

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

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