Exports jump 18.28% in FY21, 70% in June

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Islamabad

The country’s exports posted record growth of 18.28% in Fiscal Year 2020-21 (June-July) over the last year besides wit-nessing a surge of 70.67% in June 2021 compared to same month of last year.

According to the provisional figures compiled by the Pakistan Bureau of Statistics (PBS), exports from Pakistan during June, 2021 amounted to Rs.426.126 billion (provisional) as against Rs.256.105 billion (provisional) in May, 2021 and Rs 263,985 billion during June, 2020 showing an increase of 66.39% over May, 2021 and of 61.42% over June,2020.

In terms of US dollars the exports in June, 2021 were $2.729 billion (provisional) as compared to $ 1.671 billion (provisional) in May, 2021 showing an increase of 63.32% and by 70.67% as compared to $1.599 billion in June2020.

Similarly the exports during the corresponding year (2020–2021) totaled Rs.4.042 trillion (provisional) as against Rs 3.37 trillion during the corresponding period of last year showing an increase of 19.95%.

In terms of US dollars the exports during the year totaled $ 25.304 billion (provisional) against $21.394 billion during the corresponding period of last year showing an increase of 18.28%.

Main commodities of exports during June, 2021 were knitwear (Rs. 64.187 billion), ready made garments (Rs. 50.895 billion), bed wear (Rs. 46.694 billion), cotton cloth (Rs. 31.98 billion), cotton yarn (Rs. 18.885 billion), rice and others (Rs. 18.190 billion), towels (Rs.15.465 billion), made up articles (excl. towels & bed wear) (Rs.12.342 billion), fruits (Rs.11.792 billion) and Basmati rice (Rs.10.722 billion).—APP

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