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Jewelry exports surge 28% in FY12-13

Jewelry exports surge 28% in FY12-13

The jewelry exports increased by 28.54 percent during fiscal year 2012-13 against the same period of last year.

The jewelry exports during the period under review were recorded at US$ 1.17 billion while during last year, the exports stood at US$ 916.43 million.

The gems exports increased by 15.79 percent which stood at $4.575 million during July-June 2012-13 against the exports of $3.951 million during July-June (2011-12), according to data of Pakistan Bureau of Statistics (FBS).

Similarly exports of furniture, handicrafts and molasses also witnessed increase of 9.44 percent, 607.08 percent and 333.16 percent respectively.

The furniture exports during the year 2012-13 remained $7.062 million against exports of $6.453 million during the same period of last year.

The exports of handicrafts during the corresponding period under review stood at $1.697 million whereas during last year the handicrafts exports stood at $0.24 million.

The molasses exports increased from $6.411 million in July-June (2011-12) to $27.77 million during same period of current year.

On month-on-month basis, the jewelry exports of the country decreased by 90.68% and increased by 18.9 percent during June 2013 as compared to June 2012 and May 2013 respectively.

The jewelry exports decreased from $19.249 million in June 2012 to $19.061 million in June 2013.

The gems exports during the month increased by 18.33 percent and 36.21 percent as compared to June 2012 and May 2013 respectively. The gems exports increased from $0.48 million in June 2012 and 0.417 million in May 2013 to 0.568 million in June 2013.