Pakistan’s Food Exports Grew by 49.84% in First Half of Current FY

Fri Jan 19 2024
icon-facebook icon-twitter icon-whatsapp

ISLAMABAD: Pakistan’s food group exports during the first half of the current financial year grew by 49.84% as compared to the exports of the same period of last year.

During the months from July-December, 2023 food commodities valued at 3.481 billion dollars were exported as against the exports of 2.323 billion dollars of the corresponding period of the last year, according to the data released by the Pakistan Bureau of Statistics (PBS).

During the period under review, rice exports went up by 76.53% and over 2.570 million tons of rice worth 1.638 billion dollars were exported in contrast to the exports of 1.732 million tons valued at 927.918 million dollars in the same period of last year, it added.

Meanwhile, the exports of fruits grew by 9.31% and pulses by 79.01% as 446,901 metric tons of fruits and 96 metric tons of pulses valued at 171.280 million dollars and 48,000 million dollars were exported during the period under review, the data showed.

Pakistan’s tobacco exports

Meanwhile, the exports of tobacco surged by 64.92% and spices by 21.37% respectively as 14,239 metric tons of tobacco worth 44.919 million dollars and 19,500 metric tons of spices valued at 57.125 million dollars were exported during the last 6 months of the current financial year.

In the first two quarters of the current fiscal year the exports of oil seed and nuts grew by 250.45%, whereas exports of sugar went up by 100 dollars as compared to the exports of the same period of last year, it added.

In the last six months, Pakistan earned 363.998 million dollars by exporting about 225,102 metric tons of oil seeds and nuts, whereas 21.071 million dollars was fetched by exporting about 33,102 metric tons of sugar respectively.

Pakistan earned 239.711 million dollars by exporting about 59,310 metric tons of meat and meat products as the exports of meat and meat preparations grew by 24.90 dollars during the period under review.

As compared to the same month of last year, the food group exports grew by 111.63 dollars in December 2023 as compared to the corresponding month of the last year.

During last month food commodities worth 840.819 million dollars were exported as compared to the exports of 397.307 million dollars in the same month of last year.

icon-facebook icon-twitter icon-whatsapp