Furniture exports bring in $3.5 million to the country

Furniture worth US$ 3.858 million was exported during the fiscal year 2017-18, as compared to the exports of US$ 4.500 million during the corresponding period of previous year, demonstrating about 14.27 percent decrease.

During the period July-June, 2017-18, about 184,000 units of different furniture products worth US$ 3.858 million were imported as compared to the imports of 229,000 units worth 4.500 million during the same period of previous year, reported Pakistan Bureau of Statistics.

Meanwhile, handicraft worth US$ 4.009 million were exported as compared to the exports of US$ 2.857 million during the same period last year, thus showing a growth of 40.32 percent.

During the period under review, jewelry worth US$ 5.903 million was exported as compared to that worth US$ 5.827 million exported during the same period last year. It increased by 1.30 percent, the data reveled.

Surgical goods and medical instruments worth US$ 348.579 million were exported during 11 months of the last financial year ended on June 30, 2017 as compared to the corresponding period of last year.

The exports of above mentioned items had registered about 13.28 percent growth during the period under review as their exports were recorded at US$ 307.723 million during 11 months of fiscal year 2016-17.

Meanwhile, the country also earned US$ 957.940 million by exporting other chemicals and pharmaceutical products, which stood at US$ 784.800 million in the corresponding period of last year, revealed the data of Pakistan Bureau of Statistics.            

During the period from July-May, 2017-18, exports of other chemicals also grew by 31.77 percent and were recorded at US$ 505.83 million against the exports of US$ 383.882 million during the same period last year, it added.

The exports of fertilizers also witnessed a tremendous growth of 632.74 percent as during the period from July-May, 2017-18, about 234,145 metric tons of fertilizers worth US$ 51.321 million were exported as compared the exports of 30,124 metric tons valuing US$ 7,004 during the same period last year.

According to the data, the country earned US$ 82.582 million by exporting cutlery products as compared to the exports of US$ 75.280 million during same period last year, which went up by 9.70 percent.

 (APP)