Sports goods' exports dip 3.87pc to $ 75.052 in 1st quarter.

ISLAMABAD -- The exports of sports goods from the country witnessed declined of 3.87 percent during the first quarter of current financial year (2019-20) as against the exports of corresponding period of last year, Pakistan Bureau of Statistics (PBS) reported.

The country exported sports goods worth $ 75.052 million during July-September (2019-20) against the trade of $ 78.072 million during July-September (2018-19), showing negative growth of 3.87 percent, the PBS data revealed.

The sports products that contributed in negative growth included gloves, exports of which decreased from $ 29.604 million to $20.504 million, showing decline of 30.74 percent.

However, the exports of footballs increased by 13.59 percent by going up from $ 37.041 million last year to $ 42.074 million during the period under review while the exports of all other sports products went up from $ 11.427 million to $ 12.474 million, witnessing upward growth of 9.16 percent.

Meanwhile, on year-on-year basis, the exports of sports products during September 2019, increased by 1.34 percent to $ 22.449 million when compare to the exports of $ 22.153 million during September 2018.

During the month under review, the exports of footballs increased by 10.77 percent while the export of gloves and other sports products decreased by 13.48 and 3.41 percent respectively.

On month-on-month basis, the exports of sports...