KARACHI: The fruit exporters have cut the kinnow export forecast by 43 per cent to $80 million from $120 million for fiscal year 2015-16 mainly due to the destruction of their crop by climate change.
They expect to export around 200,000 tons of kinnow for the season started on December 1, compared with 350,000 exported last year.
According to Pakistan Fruit and Vegetable Exporters, Importers and Merchant Association (PFVA), the export target is at the lower side after crops in Punjab were damaged and the value of exports will be 40 percent less.
The country would largely export kinnow to traditional markets, including Russia, UAE, Philippine, Indonesia, Bangladesh, Sri Lanka, Hong Kong, Singapore, Canada and a few other countries.
