Abb Takk News
Business News Ticker Top News TRENDING

Pakistan’s Exports Up by 35.7% in First Dour Months of FY22-23

ISLAMABAD: The exports from Pakistan witnessed an increase of 35.77% during the first four months of the current fiscal year (2022-23), in rupee terms, as compared to the corresponding period of last year, Pakistan Bureau of Statistics (PBS) reported.

The exports from July-October (2022-23) were recorded at Rs2,131,776 million against the exports of Rs1,570,136 in July-October (2021-22), showing an increase of 35.77%, according to provisional data released by PBS.

On a year-on-year basis, country’s exports increased by 24.29% and were recorded at Rs525,831 million in October 2022, against the exports of Rs423,063 million during October 2021

On a month-on-month basis, the exports increased by 6.72% in October 2022 when compared to the exports of Rs563,714 million recorded in September 2022.

The main commodities of exports during October 2022 were knitwear (Rs86,400 million), readymade garments (Rs60,778 million), bedwear (Rs47,895 million), cotton cloth (Rs37,407 million), rice other than basmati (Rs20,344 million), towels (Rs17,553 million), made-up articles, excluding towels & Bedwear (Rs12,758 million), fish & fish preparations (Rs12,057 million), rice Basmati (Rs11,375 million) and cotton yarn (Rs10,819 million)

On the other hand, imports during July–October 2022 totaled Rs4,701,648 million as against Rs4,165,590 million during the corresponding period of last year showing an increase of 12.87%.