Nine sectors post double-digit export growth in July

Published August 6, 2021
Growth in exports of value-added sectors contributed to an increase in overall exports from these sectors. — AFP/File
Growth in exports of value-added sectors contributed to an increase in overall exports from these sectors. — AFP/File

ISLAMABAD: Pakistan’s exports of nine sectors including value-added textiles posted double-digit growth in the first month 2021-22 compared to the same month a year ago, data compiled by the Ministry of Commerce showed on Thursday.

Growth in exports of value-added sectors contributed to an increase in overall exports from these sectors. One of the reasons for growth in these sectors is due to low-base of last year when export-oriented industries remained closed due to the Covid-19 lockdown and cancellation of orders from international buyers.

In terms of products, exports of garments, home textiles, jerseys, fruits and vegetable ethyl alcohol, stockings and socks, maize and plastics increased during July compared with July 2020. On the other hand, the exports of rice, meat, cement, tents, decreased.

Exports of men’s garments products were up by 23pc to $406 million in July against $329m over the last year, followed by a 9pc increase in home textiles to $380m against $349m last year.

An increase of 46pc in jerseys and pullovers to $81m was noted against $56m over the corresponding months of last year.

Similarly, exports of fruits and vegetables posed a growth of 20pc to $61m in July against $51m over the corresponding months of last year, followed by an increase of 22pc in exports of T-shirts to $49m against $40m in the same period in FY20.

Export proceeds of ethyl alcohol posted growth of 252pc to $47m in July against $13m over the last year, followed by 19pc in stockings and socks to $42m against $36m last year, 1701pc in maize or corn to $36m against $2m of last year and 56pc in plastic to $33m against $21m over the last year.

Published in Dawn, August 6th, 2021

Opinion

A decade of change & stagnation
Updated 20 Sep 2021

A decade of change & stagnation

Over a decade, three more women out of 100 aged between 19 and 39 have acquired college degrees, compared to only two more men.
All about life
Updated 20 Sep 2021

All about life

There is no shortage of issues on which the Single National Curriculum has stirred controversy.
‘Honourable men’
20 Sep 2021

‘Honourable men’

Is it ambition to support our athletes only after they bring us glory?
Concerns of proxy wars
Updated 19 Sep 2021

Concerns of proxy wars

A lobby in the US favours a plan for proxy warfare so that America can sustain its global influence.

Editorial

20 Sep 2021

Banking for women

AS the old adage goes, the proof of the pudding is in the eating. How far the new State Bank initiative —...
Off the red list
Updated 20 Sep 2021

Off the red list

There are aspects of coronavirus management, especially by developed nations towards those less so, that smack of discrimination.
20 Sep 2021

Exciting frontiers

HISTORY was made on Wednesday at the Kennedy Space Centre in Cape Canaveral. It was not the launch of the first, or...
Talking to the Taliban
Updated 19 Sep 2021

Talking to the Taliban

PRIME Minister Imran Khan has announced that he has started a dialogue with the Taliban for the formation of a...
New Zealand’s departure
Updated 19 Sep 2021

New Zealand’s departure

THERE was chaos and despair when New Zealand decided to call off their tour of Pakistan barely minutes before the...
19 Sep 2021

Crucial polio campaign

THE national vaccination campaign that kicked off in Khyber Pakhtunkhwa on Friday is being described by experts as...