ISLAMABAD: Rice exports from the country during first four months of current financial year posted 10.78 percent growth as compared to the exports of corresponding period of last year.
During the period from July-October, 2015 about 898,603 metric tons of rice worth US$ 339.92 million exported as against exports of 657,420 metric tons valuing US$ 306.89 million in same period last year.
According the data of Pakistan Bureau of Statistics, rice exports on month basis also grew by 24 percent during the month of October as compared to same month of last year.
During the month of October about 347,685 metric tons of rice worth US$121.66 million was exported as compared to 22,948 metric tons valuing US$ 9.493 million of same month last year.
However, the data reveled that exports of basmati rice decreased by 31.22 percent in first four months of current financial year and reached at 131,160 metric tons from 174,191 metric tons of same period of last financial year.
During the period under review, country managed to earned US$ 145.43 million by exporting the basmati rice as against US$ 11.319 million of same period last year, it added.
Meanwhile, wheat exports registered 100 percent increase as about 1,061 metric tons of wheat were exported during the period from July-October, 2015 and earned US$ 0.220 million.
The data revealed that vegetable exports during last four months has also witnessed an increase of 89 percent as the country was able to export 195,659 metric tons of fish vegetables of different kind and fetched US$56.779 million for the country.
The vegetable exports during first four months of last financial year was recorded at 85,420 metric tons valuing US$ 28.689 million, the data revealed.
During the period from July-October, 2015, meat and meat preparations exports grew by 36.32 percent about 25,925 metric tons of meat and meat products worth US$ 90.218 million exported, it added.
Meat and meat preparation exports from country was recorded at 21,433 metric tons valuing US$ 66.183 million in first four months of last financial year, the data said.
However, overall food group exports from the country during first four months remained to declining trend as it reduced by 8.17 percent as compared to same period of last year.
During the period under review, food exports came down from US$ 1.205 billion to US$ 1.107 billion as exports of some items including rice basmati, fish and fish preparations, fruits and leguminous recorded negative growth in their exports.
It may be recalled here that food group imports in country decreased by 12.89 percent as compared to same period of last year which were recorded at US $1.705 billion as compared to the imports of $1.954 billion in July-October (2014-15).
The food imports on year-on-year basis also decreased by 3.42 percent from $524.363 million in October 2014 to $506.438 million in October 2015.
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