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Exports by AFU increase with value of Rs300m during 2016-17 against 2014-15 & 2015-16

Exports by AFU increase with value of Rs300m during 2016-17 against 2014-15 & 2015-16

ISLAMABAD: The exports by Air Freight Unit are gradually increasing during the Financial Year 2016-17 with the value of goods around Rs300.00million against the last two corresponding Financial Years of 2014-15 and 2015-16. The increase in Goods Declarations (GDs) has been also on the rise against abovementioned corresponding financial years.

According to details told by sources that during the 1st July to 30th June FY16-17, the exports were estimated with the value of Rs26645.00million whereas the GDs, filed during said period, was estimated the income of Rs29551million. The average per GD value is estimated at Rs0.9270million per GD during said period. The sources said that increase in exports is a positive caution for economy.
Sources said that during FY2015-16, the exports section earned business valued Rs22750.00million whereas it processed GDs of Rs25392million. An average per DG value was estimated at Rs0.8960million during FY15-16. During FY2014-15, the Exports Section entertained 22266 GDs whereas it earned business worth Rs18922.01million while the average per GD was shown with the value of Rs0.8498million per GD.
The sources said the above said data showed gradual increase in numbers of GDs and the value of exported goods and average of per GD also looks high during FY2016-17 against the past financial years.