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Fruits exports increase by 56.99% during FY16

byCT Report
23/09/2016
in Business
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ISLAMABAD: The exports of fresh fruits from the country during first two months of current financial year registered an increase of 56.99 percent, as compared to the corresponding period of last financial year.

About 74,297 metric tonnes of fresh fruit of different kinds worth $ 61.586 million were exported during the period from July-August this year, as against the exports of same period of last year.

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According to the data of Pakistan Bureau of Statistics (PBS), the fruit exports from the country during July-August, 2015 were recorded at 49,036 million tonnes worth $39.230 million.

However,vegetable exports diminished by 43.11 percent amid the period under audit and it was recorded at 73,944 metric tons worth $18.849 million, as against the fares of 127,810 metric tons worth $33.131 million of same time of last budgetary year, it said. No amount of leguminous vegetables (heartbeats) were sent out, when contrasted with the same time of a year ago, it included. In the mean time, wheat sends out from the nation saw 100 percent expansion in initial two months of the current money related year, as around 200 metric huge amounts of wheat sent out against the fares of same time of a year ago, the information said.

The country earned $0.77 million by exporting the surplus wheat to different countries, as the export of the commodity was recorded at zero level during first two months of last financial year, it added. The exports of nuts, oil seed and kernals grew by 134.96 percent from July-August this year and 1,948 metric tonnes of above mentioned commodities, were exported to earn $3.468 million, as compared to the exports of 1,080 metric tonnes worth $1.46 million of same period last year.

It is worthwhile to mention here that food group exports from the country during first two months registered a decrease of 23.15 percent, as it came down from $514.218 million to $395.188 million. On the other hand, the import of the food group in the country swell by 15 percent, as county spent $883.348 million to fulfill the local needs of food items including milk, cream and milk food for infants, spices, tea soybean and palm oil import.

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