Exports scale up by 18% YoY in August: PBS

September 20, 2019 (MLN): Exports from Pakistan during the month of August, 2019 amounted to Rs. 293,933 million, as against Rs. 300,875 million in July, 2019 and Rs. 249,240 million during August, 2018. This resulted in a decrease of 2.31% MoM but an increase of 17.93% YoY.

According to the provisional figures compiled by the Pakistan Bureau of Statistics, in terms of US dollars the exports in August, 2019 was $1,859 million as compared to $ 1,894 million in July, 2019, showing a decrease of 1.85% and by 7.65% as compared to $2,013 million in August, 2018.

Exports during July-August, 2019 totaled Rs. 594,808 million as against Rs. 452,892 million during the corresponding period of last year showing an increase of 31.34%.

In terms of US dollars the exports during July-August, 2019 totaled $3,753million against $ 3,651 million during the corresponding period of last year showing an increase of 2.79%.

Main commodities of exports during August, 2019 were Knitwear (Rs. 44,054 million), Readymade garments (Rs. 37,261million), Bed wear (Rs. 32,549 million), Cotton cloth (Rs. 27,991 million), Cotton yarn (Rs. 17,282 million), Rice others (Rs. 12,739 million), Towels (Rs. 9,686 million), Rice Basmati (Rs. 9,130 million), Made-up articles (excl. towels & bed wear) (Rs. 8,528 million) and Surgical Goods & Medical Instruments (Rs. 5,971 million).

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