Non-textile exports jump 19pc

Published February 6, 2018
SIALKOT: Employees conduct a final check to fix any cavities in the seams of balls inside a soccer ball factory in this file photo. The overall sports goods exports dipped slightly by 0.89pc during the July-December period of this fiscal year. However, foreign sales of footballs were up by 7.2pc.—Reuters
SIALKOT: Employees conduct a final check to fix any cavities in the seams of balls inside a soccer ball factory in this file photo. The overall sports goods exports dipped slightly by 0.89pc during the July-December period of this fiscal year. However, foreign sales of footballs were up by 7.2pc.—Reuters

ISLAMABAD: Pakistan’s exports of non-textile products posted a robust growth of nearly 19 per cent to $4.4 billion in the first six months of this fiscal year.

The exports of these products, which were faced with a steady decline, rebounded in 2017-18 owing to the government’s support, suggested data compiled by the Pakistan Bureau of Statistics (PBS).

The export proceeds from the sectors had been falling persistently since July 2014.

Recently, the government extended cash support package to non-textile products leather manufacturers, footwear, sports goods, surgical, engineering goods, furniture, meat and meat products, fish products and cutlery.

Data showed an increase of 83 per cent year-on-year in exports of petroleum products. Petroleum products, petroleum crude and naphtha, led the increase in petroleum sector’s exports.

Last year, exports of these products witnessed a negative growth.

Exports of carpets and rugs witnessed a negative growth of 7.7pc during July-December period of the current fiscal year from a year ago.

However, sports goods exports dipped slightly by 0.89pc year-on-year during the period under review. Foreign sales of footballs were up by 7.2pc.

Tanned leather exports witnessed a negative growth of 6.08pc in July-December from a year ago.

After a long time, exports of leather products’ exports rebounded and posed a paltry growth of 1.8pc during the period under review. This growth was mainly led by sales of leather gloves.

Footwear exports were up by 6pc during the period under review. This growth was mainly driven in sales of leather footwear. Exports of surgical goods and medical instruments went up by 15.4pc and engineering goods surged by 17.7pc during the period under review over last year.

Year-on-year exports of gur (jaggery) were up by 52.8pc, molasses 491.8pc and jewellery 18pc during the period under review. However, the exports of cement fell by 18.6pc, handicrafts 100pc, and furniture 18pc during the first half of the current fiscal year from a year ago.

In the food basket, exports of rice witnessed a robust growth of 18.3pc in the first half of the current fiscal year from a year ago. The growth was witnessed in both basmati and non-basmati rice. Exports of sugar and wheat are the other two major exports commodities which recorded a growth during the period under review.

Other products which also posted growth during the period under review are oil, fish, seeds, pulses and tobacco.

Published in Dawn, February 6th, 2018

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Military convictions
Updated 22 Dec, 2024

Military convictions

Pakistan’s democracy, still finding its feet, cannot afford such compromises on core democratic values.
Need for talks
22 Dec, 2024

Need for talks

FOR a long time now, the country has been in the grip of relentless political uncertainty, featuring the...
Vulnerable vaccinators
22 Dec, 2024

Vulnerable vaccinators

THE campaign to eradicate polio from Pakistan cannot succeed unless the safety of vaccinators and security personnel...
Strange claim
Updated 21 Dec, 2024

Strange claim

In all likelihood, Pakistan and US will continue to be ‘frenemies'.
Media strangulation
Updated 21 Dec, 2024

Media strangulation

Administration must decide whether it wishes to be remembered as an enabler or an executioner of press freedom.
Israeli rampage
21 Dec, 2024

Israeli rampage

ALONG with the genocide in Gaza, Israel has embarked on a regional rampage, attacking Arab and Muslim states with...