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Export of sports goods increases 17.78 percent

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The export of sports goods from the country witnessed an increase of 17.78 percent during the nine months of the current fiscal year (2022-23) as compared to the export of corresponding months of last year.

The country exported sports goods worth US$ 306.11 million during July-March (2022-23) as opposed to the export of US$ 259.904 million during July-March (2021-22), showing growth of 17.78 percent, according to the data released by the Pakistan Bureau of Statistics (PBS).

Among the sports products, the exports of footballs rose by 33.67 percent, surging from US$ 132.935 million last year to US$ 177.694 million during the current year.

The gloves exports, however, dropped by 7.53 percent by going down from US$ 56.702 million last year to US$ 52.432 million during the current year, the PBS data revealed.

Likewise, the exports of all other sports goods rose by 8.14 percent to US$ 70.267 million from US$ 75.984 million last year.

Meanwhile, on a year-on-year basis, the sports goods export witnessed an increase of 14.12 percent in March 2023 as opposed to the export of the same month of last year.

The sports goods exports in March 2023 were recorded at US$ 35.953 million against exports of US$ 31.504 million in March 2022.—APP

 

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