Exports from Pakistan increase by 42 percent over the month

June 17, 2020 (MLN): The total exports from Pakistan during the month of May, 2020 amounted to Rs. 223,536 million as against Rs. 157,412 million in April, 2020 and Rs. 305,303 million in May, 2019, showing an increase of 42.01% over April, 2020 but a decrease of 26.78% over May, 2019.

According to the provisional figures compiled by the Pakistan Bureau of Statistics, in terms of US dollars the exports in May, 2020 were $1,396 million as compared to $957 million in April, 2020 showing an increase of 45.87% but a decline of 33.40% as compared to $2,096 million in May 2019.

Exports during July – May, 2019 - 2020 totaled Rs. 3,106,723 million as against Rs. 2,863,885 million during the corresponding period of last year, showing an increase of 8.48%.

In terms of US dollars, the exports during July – May, 2019 - 2020 totaled $19,801 million against $21,256 million during the corresponding period of last year, showing a decrease of 6.85%.

Main commodities of exports during May, 2020 were Knitwear (Rs. 28,962 million), Bed wear (Rs. 23,380 million), Readymade garments (Rs. 21,708 million), Rice others (Rs. 20,079 million), Cotton cloth (Rs. 15,731 million), Basmati rice (Rs. 13,128 million), Cotton Yarn (Rs. 8,324 million), Towels (Rs.6,668 million), Madeup articles (excl. towels & bedwear) (Rs.5,537 million) and Fish & Fish Preparation (Rs. 4,554 million).

PBS