Pakistan's Exports of traditional products increased by 25 percent in first four months of current fiscal over the last year
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Pakistan's Exports of traditional products increased by 25 percent in first four months of current fiscal over the last year

Gwādar : Pakistan | Nov 27, 2011 at 12:29 AM PST
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Australia's exports dropped 3.9 percent in September

Pakistan's Exports of traditional products increased by 25 percent in first four months of current fiscal over the last year, mainly driven by the skin, sporting goods and engineering.



In absolute terms, export proceeds from traditional products reached $ 3.65 billion during July-October as against $ 2.92 billion over the corresponding period last year, the data suggests the Ministry of Commerce issued.



The government has designed a target of exporting $ 10 billion this year from traditional products. A constant depreciation of the rupee, with the demand for Pakistan in the international market for traditional products, the outlook also pressed the trigger of the current fiscal year increase in exports.



The product-wise details of carpet quell'esportazione show increased margin from 0.41 percent during the first four months of the year.



In a few years, the export of carpet racing remaining, tinned, following hard China, Afghanistan in the international market.



However, the export of carpets, rugs and mats have witnessed a negative growth last year, both in value and in quantity.



The export of carpets, especially hand-made, has faced stiff competition from a synthetic in the international market.



Consequently, the government expects exports from the carpet could barely touch $ 132.7 million for the full year as against $ 132.425 million last year, showing an increase of $ 275 million.



The export of sporting goods recorded an increase of 7.13pc during the period from July to October this year over last year.



Of this, export was up by 13.53 football computer, while the gloves are built by computer during the period 15.93.



The target for the export of sports equipment is designed for 2011-12 at $ 338.7 million as against $ 323.037 million over the same period last year, showing an increase of 4.84 percent.



The sports goods lose market access, especially for the Pakistani football in the international market.



The export of footwear products increased by 11.45 percent during the four months this year over last year.



Of these, the export of leather footwear increased by 49.24pc.



But the export of cloth footwear declined by 6.38pc and 54.72pc in other shoes.



Exports of goods and surgical instruments medicines increased from 20.75 percent in the period from July to October this year over last year.



An export target of $ 247.1 million has been set for the goods in 2011-12 as a surgical versus $ 259.752 million over the last year, showing a decline of 4.87 percent.



But last year the export of goods, surgical and medical instruments increased from 13.33 percent to $ 259.752 million in 2010-11 as against $ 229.201 million over the previous year.

SOURCE: DAWN

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Pakistan's Exports of traditional products increased by 25 percent in first four months of current fiscal over the last year
Wania Khawar is based in Karāchi, Sind, Pakistan, and is a Stringer on Allvoices.
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