Cutlery exports increase 25.41% in 1st half of FY 2020-21.

ISLAMABAD -- The exports of cutlery from the country witnessed an increase of 25.41 percent during the first half of financial year 2020-21 as compared to the corresponding period of last year.

The country exported cutlery worth US $59.478 million during July-December (2020-21) against the exports of US $47.428 million during July-December (2019-20), showing growth of 25.41 percent, according to the Pakistan Bureau of Statistics (PBS).

Meanwhile, on year-on-year basis, the cutlery exports also rose by 34.47 percent during the month of December 2020 as compared to the same month of last year.

The cutlery exports in December 2020 were recorded at $ 9.976 million against the exports of $7.419 million in December 2019, the PBS data revealed.

On month-on-month basis the export of cutlery however witnessed decline of 4.46 percent in December 2020 as compared to the exports of $10.442 million in November 2020.

It is pertinent to mention here that the country's trade deficit witnessed...

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