Islamabad
The exports of electric fans witnessed a decrease of 21.35 percent during the first two months of current financial year (2021-22) as compare to the corresponding period of last fiscal year.
The country exported electric fans worth US $4.438 million during July-August (2021-22) as against the exports of US $5.643 million during July-August (2020-21), showing negative growth of 21.35 percent, according to the Pakistan Bureau of Statistics.
Meanwhile, on year-to-year basis, the exports of electric fans also decreased by 5.51 percent during the month of August 2021 as compared to the same month of last year. The exports of fans during August 2021 were recorded at $2.128 million against the exports of $2.252 million in August 2020.
On month-on-month basis, the exports of electric fans dipped by 7.88 percent during August 2021 as compared to the exports of $3.310 million in July 2021, the PBS data revealed.
It is pertinent to mention here that the overall merchandize exports from the country increased by 27.99 percent during the first two months.—APP
