Pakistan’s Fruit Exports Up By 17.85% to $274.227 Million

Thu May 23 2024
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ISLAMABAD: Pakistan’s exports of fruits surged by 17.85% during the first ten months of the current fiscal year as compared to the same period of last year.

According to latest data from the Pakistan Bureau of Statistics (PBS), the fruit’s exports were recorded at 274.227 million dollars during July-April (2023-24) as compared to the exports of 232.700 million dollars during July-April (2022-23).

On a year-on-year basis, the exports of fruits increased by 29.32% during April 2024. The fruit exports during the month stood at 8.161 million dollars as compared to the exports of 6.311 million dollars in April 2023.

On month-on-month basis, the exports however decreased by 58.51% in April 2024 when compared to the exports of 19.629 million dollars in March 2024, according to PBS data.

It is to be mentioned here that the overall merchandize exports from Pakistan witnessed an increase of 9.10% during the first ten months of the current fiscal year (2023-24) as compared to the same period of last year.

The exports during July-April (2023-24) were recorded at 25.280 billion dollars against the exports of 23.171 billion dollars, according to the latest PBS data.

Pakistan’s Imports

On the other side, imports into Pakistan declined by 4.09% to 44.794 billion dollars this year against the imports of 46.706 billion dollars last year.

Based on the figures, the trade deficit during the first ten months of the current fiscal year was recorded at 19.514 billion dollars against the deficit of 23.535 billion dollars last year, showing a decline of 17.09%.

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