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MPS Preview: High for Longer

Pakistan’s exports grow by 29% YoY in September

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October 18, 2019 (MLN): Total exports from Pakistan during the month of September 2019 amounted to Rs. 276.2 billion (provisional) as against Rs. 294.3 billion (provisional) in August 2019 and Rs. 213.7 billion in September 2018, showing a decrease of 6.13% over August 2019 but an increase of 29.24% over September 2018.

According to the provisional figures compiled by the Pakistan Bureau of Statistics, the exports in September 2019 in terms of US dollars were $1.77 billion (provisional) as compared to $1.8 billion (provisional) in August 2019, showing a decrease of 4.99% but an increase of 2.67% as compared to $1.72 billion in September 2018.

Exports during July-September, 2019 totaled Rs. 871 billion (provisional) as against Rs. 666  billion during the corresponding period of last year, showing an increase of 30.65%.

In terms of US dollars, the exports during July-September, 2019 totaled $5.5 billion (provisional) against $ 5.3 billion during the corresponding period of last year, showing an increase of 2.75%.

Main commodities of exports during September, 2019 were Knitwear (Rs. 37.1 billion), Bed wear (Rs. 31.3 billion), Readymade garments (Rs. 31.2 billion), Cotton cloth (Rs. 27.2 billion), Cotton yarn (Rs. 13.6 billion), Rice others (Rs.12.2 billion), Rice Basmati (Rs. 9.2 billion), Towels (Rs. 8.6 billion), Made-up articles (Rs. 7.4 billion) and Fish & fish preparations (Rs. 6.7 billion).

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Posted on: 2019-10-18T14:36:00+05:00

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