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Wheat exports post 100% increase in H1

byCT Report
27/01/2017
in Business
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ISLAMABAD: Wheat exports from the country during first six months of current financial year witnessed 100 percent increase as compared to the exports of the corresponding period of last financial year.

During the period from July-December, 2016-17, about 783 metric tonnes of wheat worth $0.229 million exported as compared to same period of last year.

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During first six months of last financial year zero quantity of the commodity were exported, according the latest data of Pakistan Bureau of Statistics. On month on month basis, wheat exports from the country also grew by 100 percent as 310 metric tons of wheat exported during the month of December, 2016 as compared the corresponding month of last year.

During the month of December, 2016, wheat worth of $86,000 were exported from the country, which was recorded at 200 metric tons in month of November and earned $57, 000. It may be recalled that wheat cultivation in Punjab had witnessed about 0.6 percent increase where as crop sowing in Sindh registered 0.2 percent increase as compared to last crop season.

Wheat crop had been cultivated over 6,677 thousand hectares, showing an increase of 0.6 percent as compared to last year.

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