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Spices exports increase 19.21% to $45m

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The exports of spices witnessed an increase of 19.21 per cent during the first five months of the financial year 2023-24, as against the exports of the corresponding months of last year. The spices exports from the country were recorded at US $45.179 million during July-November (2023-24) against the exports of US $37.898 million during July-November (2022-23), according to the Pakistan Bureau of Statistics (PBS).

In terms of quantity, the exports of spices also surged by 82 per cent going up from 8,478 metric tons to 15,431 metric tons, according to the data.

Meanwhile, year-on-year basis, the exports of spices increased by 4.29 per cent during the month of November 2023 as compared to the same month of last year.—APP

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