Fish Exports Increase 14 Per Cent In Four Months
Fakhir Rizvi Published November 26, 2016 | 11:15 AM
ISLAMABAD, (UrduPoint / Pakistan Point News - 26th Nov, 2016 ) : The exports of fish and fish preparations from the country witnessed increase of 13.87 percent during the first four months of the current fiscal year, compared to the corresponding period of last year.
The exports of fish and fish preparations from the country were witnessed at $114.787 million in July-October (2016-17), compared to the exports of $100.809 million during July-October (2015-16), according to the latest data of Pakistan Bureau of Statistics (PBS).
In terms of quantity, the fish trade increased by 22.93 percent by growing from the exports of 37,443 metric tons last year to 45,188 metric tons during the current fiscal year. Meanwhile, on year-on-year basis, the exports of fish and fish preparations from the country witnessed increase of 4.34 percent in October 2016 when compared to the exports of October 2015.
The seafood exports during October 2016 were recorded at $50.727 million compared to the exports of $35.683 million. On month-on-month basis, the fish exports increased by 47.25 percent in October 2016 when compared to the exports of $34.
456 million in September 2015.
In terms of quantity, the seafood exports from the country increased by 70.71 percent and 40.33 percent during October 2016 when compared to October 2015 and September 2016 respectively, according to the data.
It is pertinent to mention here that the overall food exports from the country witnessed decrease of 11.43 percent during first four months of the ongoing fiscal year. The food exports from the country were recorded at $980.668 million compared to the exports of 1107.226 million, the data revealed.
The overall merchandise exports from the country were recorded at $6.432 billion during the first four months of the current fiscal year compared to $6.865 billion during the corresponding period of last year, showing a decrease of 6.31 percent.
The imports into the country during the period witnessed increase of 8.51 percent by going up from $14.504 last year to $15.738 this year. Based on the figures, the trade deficit during the period increased 21.82 percent by going up from the deficit of $7.639 billion last year to $9.306 billion this year.
Recent Stories
Dubai Mum Becomes the First Ever Pakistani Woman to Climb 11 of the 14 Highest M ..
Over 37% Tobacco tax increase suggested to save lives, boost revenue
Mohsin Naqvi has offered a substantial incentive, pledging $100,000 to every pla ..
Citizens join Al Barsha Police in “An Hour for Dubai” Initiative
Art can be a powerful tool to relieve stress, Experts say at Sharjah Children’ ..
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 5 May 2024
Today Gold Rate in Pakistan 05 May 2024
Bugti assures transporters for addressing their problems
Deputy Prime Minister and Foreign Minister, Mohammad Ishaq Dar meets foreign min ..
3 drug peddlers arrested, hashish recovered
1496,990 children given polio drops in five days: DC
Six terrorists killed, hideout busted in N Waziristan IBO: ISPR
More Stories From Business
-
PIACL restructuring approved by SECP
5 hours ago -
Saudi trade delegation arrives in Pakistan for investment cooperation
6 hours ago -
Saudi trade delegation arrives Pakistan for mutual investment cooperation
9 hours ago -
FPCCI urges urgent action amidst Pakistan’s economic situation
9 hours ago -
Over 37% Tobacco tax increase suggested to save lives, boost revenue
9 hours ago -
Pak-Saudi investment conference to be held on Monday
11 hours ago
-
NPO launches program for development of gemstone sector
14 hours ago -
PFC to take part in Riyadh Intel. expo
14 hours ago -
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 5 May 2024
19 hours ago -
Today Gold Rate in Pakistan 05 May 2024
20 hours ago -
CRD survey unveils 18% Pakistanis quit smoking
1 day ago -
NTUF granted patent for Innovative Multilayered Natural Fiber Composite Helmet
1 day ago