Fruits and vegetables' exports doubles in September 2018
MG News | October 22, 2018 at 11:01 AM GMT+05:00
October 22, 2018 (MLN): Exports of fruits and vegetables during September 2018 have exhibited an outstanding growth over the year, as when compared to September 2017 the fruit exports have gone up by 90% while vegetable exports have experienced an increase of 72%, when measured in dollars.
On the whole, exports within the food group have proliferated by 31.25% over the year. The items contributing towards this increase include, wheat, spices, oil seeds, nuts, kernals and meat.
This year, Pakistan has exported 211.8 million tons of wheat at $44 million, while in September 2017 wheat exports from the country were nil.
Over $6.5 million worth of spices were exported from Pakistan during the month, demonstrating a 20% increase on a year-on-year basis. Meanwhile, exports of oil seeds, nuts and kernals accounted for $9 million as the value doubled over the year.
Meat exports on the other hand have experienced 6.7% growth, YoY.
Taking a broader look at exports during the first quarter of current fiscal year, we can see that food exports during the period strengthened by almost 17% as compared to the same quarter last year.
Exports of fruits increased by 49% while that of vegetables has recorded a growth of 19% through the quarter.
While spice exports have risen by 21%, sugar exports by 32%and oil seed and nuts exports by 24%, the exports of wheat during the quarter have shown an extraordinary upswing as $92.7 million worth of wheat was exported through the quarter as compared to $45 thousand exported during the last year’s corresponding period.
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 153,866.17 113.04M | -0.36% -555.27 |
| ALLSHR | 92,322.41 289.91M | -0.18% -165.37 |
| KSE30 | 47,054.02 67.50M | -0.57% -268.71 |
| KMI30 | 220,139.18 52.42M | -0.81% -1787.82 |
| KMIALLSHR | 59,630.44 114.87M | -0.43% -258.98 |
| BKTi | 44,089.65 23.49M | -0.09% -38.05 |
| OGTi | 31,668.31 6.28M | -0.15% -47.11 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 71,550.00 | 74,210.00 70,200.00 | 905.00 1.28% |
| BRENT CRUDE | 103.27 | 103.83 97.60 | 2.81 2.80% |
| RICHARDS BAY COAL MONTHLY | 99.40 | 0.00 0.00 | -12.90 -11.49% |
| ROTTERDAM COAL MONTHLY | 122.70 | 123.80 122.70 | -1.10 -0.89% |
| USD RBD PALM OLEIN | 1,083.50 | 1,083.50 1,083.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 98.56 | 99.32 92.04 | 2.83 2.96% |
| SUGAR #11 WORLD | 14.41 | 14.53 14.30 | 0.03 0.21% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|
Auto Numbers