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Exports decline 22.9pc to Rs2.86tr during 11 months

Exports decline 22.9pc to Rs2.86tr during 11 months

ISLAMABAD: Exports from Pakistan, in terms of rupees, increased by 22.92 per cent during July-May 2018-2019, compared with the corresponding period of last year.

The exports from Pakistan during the period under review were recorded at Rs2.86 trillion as compared to the exports of Rs2.33 trillion during the first eleven months of the last fiscal year (2017-18), according to the Pakistan Bureau of Statistics (PBS).

On a year-on-year basis, the exports from Pakistan during May 2019 increased by 24.06 per cent when compared to the exports of the same month of last fiscal year. The exports during May 2019 amounted to Rs306,303 million as against Rs246,907 million in May 2018.

On a month-on-month basis, the exports during May 2019 increased by 3.64pc when compared to the exports of Rs295,541 million in April 2019.

The main commodities of exports during the month under review were knitwear (Rs39,914 million), readymade garments (Rs36,862 million), bedwear (Rs27,440 million), cotton cloth (Rs24,376 million), rice (Rs20,495 million), cotton yarn (Rs15,552 million), basmati rice (Rs12,021 million), towels (Rs10,570 million), fish & fish preparations (Rs8,462 million) and made-up articles (Rs8,459 million).