Pakistan witnesses a 30% surge in food exports in the first four months of the fiscal year

Pakistan has experienced a significant boost in food exports during the initial four months of the current fiscal year, with a notable increase of 30%. According to data from the Institute of Statistics, the country exported food items valued at $1.9447 billion from July to October.

The report highlights a 30% growth in rice exports, surpassing $710 million. Additionally, fruit exports recorded a 13.53% increase, reaching $108.9 million, while spice exports saw a notable rise of 24.56%, totaling $34.7 million.

Noteworthy is the exceptional surge in the export of oilseeds and fruits, skyrocketing by 292% to $306.8 million. Sugar exports also exhibited substantial growth, doubling to reach $2.1 million.

The meat export sector experienced an 18.77% increase, amounting to $152.5 million. In contrast, fish exports declined by 8%, and vegetable exports witnessed a 38% decrease.

The report further indicates a 21% decline in tobacco exports from Pakistan during the July to October period. Overall, the positive trends in food exports contribute significantly to Pakistan’s economic performance in the international market.

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