ISLAMABAD: Food exports form the country witnessed increase of 33 percent in January and 12.95 percent during the first seven months of current fiscal year.
Over all food exports were recorded at US$2.035 billion during July-January (2010-11) as against the exports of US$1.801 billion during July-January (2009-10), according to the data of Federal Bureau of Statistics (FBS).
The food items that contributed towards positive growth of exports included wheat, exports of which increased from US$560 thousand last year to US$61.113 million, showing an increase of over 10813 percent.
The other items, that showed upward trend in exports during the period under review included tobacco and vegetables, exports of which increased by 143 percent and 33.32 percent respectively.
Similarly, the exports of rice increased by 2.28 percent, fish and fish preparations by 31.01 percent, spices by 20.44 percent, meat and meat preparations by 52.65 percent while the exports of other food items grew by 30.81 percent during the period.
The items that witnessed negative growth in exports during the period under review included fruits, exports of which decreased by 5.09 percent. Exports of leguminous vegetables (pulses) declined by 100 percent while the exports of oil seeds, nuts and kernels decreased by 39.55 percent.
Food exports during January surged by 32.82 percent as compared to the same month of the last year. As compared to December 2010, the food exports in January 2011 surged by 29.21 percent.
Food exports in January 2011 stood at US$466.387 million against the exports of 351.154 million in January 2010 and US$335.014 million in December 2010.
On the other hand, textile exports surged by 25.88 percent in July-January (2010-11) by growing from 5.917 billion during July-January (2009-10) to over US$7.44 billion during the first seven months of current year.
Exports of petroleum and coal group increased, by 26.38 percent while the exports of other manufacture group went up by 7 percent, during the period.
It is pertinent to mention the government has declared 2011 as the year of exports and the Ministry of Commerce and Trade Development Authority of Pakistan (TDAP) have devised a comprehensive strategy to boost country's exports.
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