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Exports increase by 22.45pc in two months

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The exports from the country in the rupee term witnessed an increase of 22.45 percent during the first two months of the current fiscal year as compared to the corresponding period of last year, the Pakistan Bureau of Statistics (PBS) reported. Exports during July-August (2023-24) were recorded at Rs.1,276,238 million as against Rs.1,042,226 million during the corresponding period of last year, showing an increase of 22.45 percent, according to provisional data released by PBS.

On a year-on-year basis, the exports during August 2023 increased by 26.75 percent and were recorded at Rs.695,136 million compared to the exports of Rs. 548,440 million in August 2022. On a month-on-month basis, the exports increased by 19.62 percent when compared to the exports of Rs. 581,102 million in July 2023.

The main commodities of exports during August 2023 were Knitwear (Rs. 117,892 million), readymade garments (Rs. 83,447 million), bedwear (Rs. 74,081 million), cotton cloth (Rs. 47,002 million), cotton yarn (Rs.30,793 million), towels (Rs.25,567 million), made-up articles, excluding towels & bedwear (Rs.18,377 million), rice others (Rs.18,073 million), rice basmati (Rs.16,271 million) and meat and meat preparations (Rs.11,210 million).—APP

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