Exports soar by 8.48 per cent in 11 months.


ISLAMABAD -- Exports from the country, in rupee term, increased by 8.48 per cent during the first eleven months of the current fiscal year as compared to the corresponding period of last fiscal year, Pakistan Bureau of Statistics (PBS) reported.

The exports from the country during July May (2019-2020) were recorded at Rs3,106,723 million as against Rs2,863,885 million during the corresponding period of last year, showing an increase of 8.48 per cent, according to provisional data released by PBS.

However, on year-on-year basis, the exports from the country decreased by 26.78 per cent in May 2020 when compared to the exports of May 2019. The exports in May 2020 were recorded at Rs223,536 million as against the exports of Rs305,303 million during May, 2019. On month-on-month basis the exports increased by 42.01 per cent in May 2020 when compared to the exports of Rs157,412 million in March, 2020.

The main commodities of exports during May, 2020 were knitwear (Rs28,962 million), bed wear (Rs 23,380 million), readymade garments (Rs21,708 million), rice others (Rs20,079 million), cotton cloth (Rs15,731 million), Basmati rice (Rs13,128 million), cotton Yarn (Rs8,324 million), towels (Rs6,668 million), readymade up articles (excl. towels and bed...

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