Non-textile exports up by 1.8pc

Published February 24, 2021
The non-textile sector was yet to receive full orders to the level of pre-Covid-19, latest data released by the Pakistan Bureau of Statistics (PBS) showed. — Reuters/File
The non-textile sector was yet to receive full orders to the level of pre-Covid-19, latest data released by the Pakistan Bureau of Statistics (PBS) showed. — Reuters/File

ISLAMABAD: Pakistan’s non-textile exports posted 1.85 per cent growth year-on-year to $5.49 billion in the first seven months of FY21 owing to the revival of orders from international markets.

The non-textile sector was yet to receive full orders to the level of pre-Covid-19, latest data released by the Pakistan Bureau of Statistics (PBS) showed.

However, the growth was only seen in the value-added textile products during the July-January period of 2020-21. Three sectors — leather garments, surgical instruments and engineering goods — have maintained growth in export proceeds despite lockdowns in many countries.

The data compiled by the PBS showed the food basket contracted 6.33pc in the July-January period from a year ago.

Under this category, exports of rice witnessed a decline of 4.66pc. On the other hand, basmati exports dipped 31.81pc in value but exports of non-basmati up by 11.11pc in value.

Export of fish and fish products declined by 13.02pc while that of foreign sales of vegetables dipped by 11.87pc. However, exports of fruits revived posting a growth of 1.73pc, tobacco up by 20.09pc, spices 7.94pc and meat products 2.5pc during the months under review.

No exports of wheat, and sugar following the imposition of ban from the country in March.

After a long time, leather exports also rebounded by 6.86pc. The exports of engineering goods went up 22.78pc and surgical instruments 4.07pc.

Published in Dawn, February 24th, 2021

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

Opinion

Editorial

ICJ rebuke
Updated 26 May, 2024

ICJ rebuke

The reason for Israel’s criminal behaviour is that it is protected by its powerful Western friends.
Hot spells
26 May, 2024

Hot spells

WITH Pakistan already dealing with a heatwave that has affected 26 districts since May 21, word from the climate...
Defiant stance
26 May, 2024

Defiant stance

AT a time when the country is in talks with the IMF for a medium-term loan crucial to bolstering the fragile ...
More pledges
Updated 25 May, 2024

More pledges

There needs to be continuity in economic policies, while development must be focused on bringing prosperity to the masses.
Pemra overreach
25 May, 2024

Pemra overreach

IT seems, at best, a misguided measure and, at worst, an attempt to abuse regulatory power to silence the media. A...
Enduring threat
25 May, 2024

Enduring threat

THE death this week of journalist Nasrullah Gadani, who succumbed to injuries after being attacked by gunmen, is yet...