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Pak food exports surge by 22.43pc in July

Pak food exports surge by 22.43pc in July

LAHORE: Pakistan food exports witnessed 22.43 percent growth during the first month of the current financial as compared to the same month of last the year.

According to data released by Pakistan Bureau of Statistics (PBS), different food commodities worth $389.319 million exported during July 2013, showing an increase of 22.43 percent as compared to July 2012.

The data showed that rice export from the country increased by 33.98 percent in month of July 2013 as compared to the same month of last year.

During the period under review 292,564 metric tons rice worth $173.814 million was exported as against 196.819 million valuing $129.72 million in month of July 2012.

However, the exports of basmati rice witnessed negative growth in July 2013 as it went down by 20.30 percent and reached to $57.61 million from $72.288 million in the same month of previous year.

Meanwhile, the data revealed that exports of rice other than basmati increased by 102.30 percent in month of July 2013 as compared to same month of last year.