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Exports increase by 29.53% in 5 months

MM News Staff by MM News Staff
December 23, 2021
Pakistan’s exports increase by 22.45%to Rs.1.27 trillion in two months

Pakistan’s exports increase by 22.45%to Rs.1.27 trillion in two months

ISLAMABAD: The exports from the country in rupee term witnessed an increase of 29.53 per cent during the first five months of the current fiscal year as compared to the corresponding period of last year, Pakistan Bureau of Statistics (PBS) reported.

According to PBS provisional figures, the exports from the country during July-November (2021-22) were recorded at Rs.2,072,512 million as against the exports of Rs. 1,599,976 million during July- November 2020-21.
Meanwhile, on year-on-year basis, the exports from the country increased by 45.35 in November compared to the exports of November, 2020. The exports during November, 2021 mounted to Rs.502,376 million against the exports of Rs. 345,640 million during November, 2020.

On month on months basis, the exports increased by 18.75% when compared to the exports of Rs.423,063 million in October 2021.

The main commodities of exports during November, 2021 were Knitwear (Rs. 79,221 million), readymade garments (Rs. 56,877 million), bed wear (Rs. 54,516 million), cotton cloth (Rs. 35,444 million), rice others qualities (Rs. 29,203 million), cotton yarn (Rs.18,883 million), towels (Rs.18,217 million), madeup articles, excluding towels & Bedwear (Rs.14,560 million), rice Basmati (Rs.10,872 million) and fish & fish preparations (Rs.9,364 million).

On the other hand, imports during July–November, 2021 totaled Rs. 5,537,253 million against Rs.3,197,899 million during the corresponding period of last year showing an increase of 73.15%.

Likewise, imports into the country during November, 2021 amounted to Rs. 1,371,660 million as against Rs. 1,093,545 million in October, 2021 and Rs. 683,354 million during November, 2020, showing an increase of 25.43% over October, 2021 and of 100.72% over November, 2020.

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