Export of engineering goods increased by 36.77 per cent. The government has set exports target for engineering goods at $676.6 million against $254.942 million in the previous year. - File photo

ISLAMABAD: Pakistan's export of traditional products went up by 15.66 per cent to $5.273 billion in the first half of the current financial year against $4.559 billion over the corresponding period of last year, mainly due to eatable products specially wheat.

The government has set a target of $10 billion for export of traditional products during 2011-12.

Overall exports recorded a growth of only 3.9 per cent because exports from the textile and clothing sector plunged by over five per cent during the July-December period of the year.

Export of overall food basket increased by over 17 per cent while export of wheat and pulses recorded 100 per cent growth.

Export of fish went up by 16pc, spices 8.91pc, meat 23.33pc and all other food items 134pc. However, export of basmati all other varieties of rice declined by over 10 per cent.

Export of sports goods recorded an increase of 1.10pc. Export of footballs went up by 9.89pc, but export of gloves dropped by 7.21 pc.

The target for export of sports goods was fixed at $338.7 million for 2011-12 against $323.037 million over the same period last year.

Export of footwear products increased by 0.59 per cent. Export of leather gloves increased by 46pc, but export of leather footwear declined by 10.47pc.

Export of surgical goods and medical instruments went up by 19.17 per cent. A target of $247.1 million was set for surgical goods export in 2011-12 against $259.752 million over the last year.

Export of engineering goods increased by 36.77 per cent. The government has set exports target for engineering goods at $676.6 million against $254.942 million in the previous year.

Export of carpets dropped by 2 per cent. In the past few years, export of carpets remained stagnant following stiff competition from China and Afghanistan. Export of carpets, rugs and mats witnessed a negative growth, both in value and quantity, last year.

Handmade carpets faced stiff competition from synthetic carpets.

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

Opinion

Editorial

Impending slaughter
Updated 07 May, 2024

Impending slaughter

Seven months into the slaughter, there are no signs of hope.
Wheat investigation
07 May, 2024

Wheat investigation

THE Shehbaz Sharif government is in a sort of Catch-22 situation regarding the alleged wheat import scandal. It is...
Naila’s feat
07 May, 2024

Naila’s feat

IN an inspirational message from the base camp of Nepal’s Mount Makalu, Pakistani mountaineer Naila Kiani stressed...
Plugging the gap
06 May, 2024

Plugging the gap

IN Pakistan, bias begins at birth for the girl child as discriminatory norms, orthodox attitudes and poverty impede...
Terrains of dread
Updated 06 May, 2024

Terrains of dread

Restored faith in the police is unachievable without political commitment and interprovincial support.
Appointment rules
Updated 06 May, 2024

Appointment rules

If the judiciary had the power to self-regulate, it ought to have exercised it instead of involving the legislature.