ISLAMABAD, March 29: The government has projected $4.222 billion as export target for four months (March-June) to achieve the annual target of $12.1 billion set for the current financial year.

An official source in the commerce ministry told Dawn on Monday that during the first eight months (July-Feb) of this fiscal year, the value of exports has already gone up by 2.1 per cent over the projected target for the same period.

According to the official during the same period under review, around $4.240 billion worth of goods were exported last year. Keeping this in view, he said that this year the target would be easily achieved.

Further, on month-wise basis, the government has projected $987 million exports for March; $1.035 billion for April; $1.108 billion for May and $1.257 billion for June.

The official said this year wheat has not been exported. However, exports of fish registered a growth of 21 per cent during July-Feb period over the same period of last year, fruits and vegetables by 14 per cent, chemicals by 7 per cent and engineering goods by 21 per cent.

With the total exports of $7.878 billion during the period under review the value of textile and garments stood at $5.278 billion.