Islamabad: In the first 5 months of the current fiscal year, the volume of exports increased by more than $1.5 billion to reach $13.72 billion.
According to the Bureau of Statistics, during the first five months of the current fiscal year, the country’s exports increased by 12.82 percent compared to the same period of the previous fiscal year. During this period, textile exports increased by 10.51 percent to $7.60 billion, which includes ready-made garments, netwear, bedwear and apparel.
During this period, food exports increased by 9.58 percent to more than $3.15 billion, rice exports increased by 35.4 percent.
During this period, rice worth $1.51 billion was exported, sugar exports increased by 833 percent to $196.7 million.
Exports of tobacco, fruits, vegetables and meat also increased, but exports of pulses, oilseeds, hot spices and fruits decreased.
The volume of manufacturing or industrial exports increased by 54 percent to $1.76 billion. Exports of leather and plastic products, gloves, medicines and cement also increased, but exports of sports goods, carpets and furniture decreased.
The target of Pakistani exports for the current fiscal year is more than $32 billion.
