ISLAMABAD: Exports of fish and fish preparation surged by 35.57 percent during the first two months of the current fiscal year as against the exports of the corrosponding period of last year.
The exports of fish and fish preparations were recorded at $43.311 during July-August (2013-14) against the exports of $31.947 million during July-August (2012-13), according to the data of Pakistan Bureau of Statistics (PBS).
In terms of quantity, the exports of fish and fish preparations increased by 40.04 percent by going up from trade of 13,789 metric tons last year to 19,310 metric tons during the current year.
On year-on-year basis, the seafood exports surged by 65.46 percent by going up from $14.098 million in August 2012 to $23.326 million in August 2013.
In terms of quantity, the exports increased from 6,260 metric tons in August 2012 to 9,917 metrict tons, showing an increase of 58.42 percent.
Meanwhile, on month-on-month basis, the seafood exports increased by 16.72 percent by going up from $19.985 million in July 2013 to $23.326 million in August 2013.
In terms of quantity, the exports increased by 5.58% by going up from 9,393 metrict tons to 9,917 metric tons.
The overall food exports during the first two months of the current fiscal year increased by 10.17 percent by going up from $619.694 million in July-August (2012-13) to $682.712 million in July-August (2013-14).
It is pertinent to mention here that Pakistan's trade deficit narrowed by 3.07 percent during the first two months of the current fiscal year as exports expanded by 3.66 while imports witnessing nominal increase of 0.54 percent as compared to the same period of last year.
On year-on-year basis, the trade deficit decreased by 11.45 percent in August 2013 when compared to the deficit of the same month of last year.
According to break figures, the exports from the country during July-August (2013-14) were recorded at $4.091 billion against the exports of $3.946 billion recorded during July-August 2012-13).
On the other hand, the imports into the country during the first two months of the current fiscal year were recorded at $7.386 billion against the imports of $7.346 during the corresponding months of last year, showing nominal growth of 0.54 percent.
Based on the figures, the trade deficit during July-August (2013-14) was recorded at $3.295 billion against the deficit of $3.400 billion in July-August (2012-13), showing negative growth of 3.07 percent.
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