Exports Of Food Commodities Up By 16.93%, Reaches US$ 885.774 Million In First Quarter

Food group exports form the country during first quarter of financial year 2018-19 grew by 16.93 percent as compared the exports of the corresponding period of last year.

ISLAMABAD, (UrduPoint / Pakistan Point News - 22nd Oct, 2018 ) :Food group exports form the country during first quarter of financial year 2018-19 grew by 16.93 percent as compared the exports of the corresponding period of last year.

The exports of food group from the country during the period under review was recorded at US$ 885.774 million as against US$ 740.448 million of the same period of last year, according the data released by the Pakistan Bureau of Statistics.

On month on month basis, the exports of food group also increased by 31.25 percent in September, 2018 as compared the same month of last year.

The food commodities worth US$ 297.231 million was exported as compared the US$ 228.456 milion of same month of last year, it added.

During the period from July-September, 2018, exports of fruit and vegetables increased by 49.34 percent and 19.17 percent respectively.

In first quarter, 130,747 metric tons of fruit worth US$ 101.884 million exported as compared the exports of 83,073 metric tons valuing US$ 68.

210 million of same period of last year.

Meanwhile, 132,546 metric tons of vegetables valuing US$ 32.828 million exported during last 3 months as against the exports of 81,413 metric tons worth of US$ 27.546 million of same period of last year.

In last three months, about 437,832 metric tons of wheat valuing US$ 92.781 million were also exported as compared the exports of 173 metric tons costing US$ 1.555 million of same period of last year.

During the period under review, the country earned US$ 16.129 million by exporting about 4,289 metric tons of spices,which was recorded at 3,558 metric tons and US$ 13.314 million of same period of last year, registering an increase of 21.82 percent.

However, in last 3 month exports of rice decreased by 2.58 percent, where as basmati rice by 8.94 percent respectively.

It may be recalled that food import into the country during first quarter decreased by 10.31 and was recorded at US$ 1.454 billion as against US$ 1.621 bilion of same period of last year.