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 | 172,399.90 320.00M | 1.59% 2696.30 |
| ALLSHR | 103,927.90 888.16M | 1.29% 1323.37 |
| KSE30 | 51,428.16 185.27M | 1.65% 836.84 |
| KMI30 | 246,743.08 136.63M | 1.75% 4243.24 |
| KMIALLSHR | 67,499.94 461.75M | 1.34% 890.73 |
| BKTi | 46,974.29 67.03M | 1.67% 773.64 |
| OGTi | 35,183.53 7.71M | 0.85% 295.91 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 63,685.00 | 63,700.00 63,430.00 | 25.00 0.04% |
| BRENT CRUDE | 86.80 | 89.90 85.80 | -3.58 -3.96% |
| RICHARDS BAY COAL MONTHLY | 123.00 | 0.00 0.00 | 1.10 0.90% |
| ROTTERDAM COAL MONTHLY | 131.00 | 131.00 130.00 | -1.75 -1.32% |
| USD RBD PALM OLEIN | 1,157.50 | 1,157.50 1,157.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 84.29 | 87.23 83.20 | -3.42 -3.90% |
| SUGAR #11 WORLD | 13.70 | 13.97 13.68 | -0.09 -0.65% |
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 |
|---|
FY26 Economic Survey