ISLAMABAD: Exports from Pakistan increased by 16.42 per cent during the first eleven months of the current fiscal year compared to the corresponding period of last year, the Pakistan Bureau of Statistics (PBS) reported.
The exports during July–May (2020 – 2021) totalled Rs3,615,857 million against Rs3,105,799 million during the corresponding period of last year, showing an increase of 16.42 per cent in the provisional figures of PBS.
Meanwhile, exports from Pakistan during May 2021 amounted to Rs256,115 million versus Rs339,498 million in April 2021 and Rs223,512 million during May 2020, showing a decrease of 24.56 per cent over April 2021 but increasing 14.59 per cent over May 2020.
The main commodities of exports during May 2021 were knitwear (Rs44,936 million), ready-made garments (Rs29,864 million), bed wear (Rs27,746 million), cotton cloth (Rs20,641 million), cotton yarn (Rs11,050 million), rice others (Rs10,001 million), towels (Rs9,473 million), madeup articles (Rs7,460 million excluding towels and bedwear), Basmati rice (Rs6,264 million) and fish and fish preparations (Rs4,766 million).
Meanwhile, imports during July–May (2020-21) totalled Rs7,992,202 million against Rs6,418,372 million during the corresponding period of last year, showing an increase of 24.52 per cent.
Imports in Pakistan during May 2021 amounted to Rs813,622 million as against Rs802,443 million in April 2021, and Rs457,399 million during May 2020 show an increase of 1.39 per cent over April 2021 and of 77.88 per cent over May 2020.
The main commodities of imports during May 2021 were petroleum products (Rs86,724 million), petroleum crude (Rs48,626 million), natural gas, liquefied (Rs42,396 million), palm Oil (Rs39,108 million), plastic materials (Rs33,563 million), iron and steel (Rs33,219 million), electrical machinery and apparatus (Rs29,707 million), mobile phones (Rs26,903 million), medicinal products (Rs23,834 million) and power generating machinery (Rs22,845 million).