ISLAMABAD
The exports of fish and fish preparations from the country witnessed increase of 19.45 per cent during the first eleven months of the fiscal year 2016-17 as compared to the corresponding period of last year.
The fish exports during July-May (2016-17) were recorded at $ 364.906 million as compared to the exports of $ 305.486 million during July-May (2015-16), according to the data of Pakistan Bureau of Statistics (PBS).
In terms of quantity, the exports of fish and fish preparations increased by 17.59 per cent during the period under review by going up from trade of 119,688 metric ton last year to 140,747 metric ton.
It is pertinent to mention here that the overall food exports during the period under review witnessed negative growth of 7.54 per cent.
The overall food exports during the current fiscal year were recorded at $ 3,426 million as compared to the exports of $ 3,706 million last year, the PBS data revealed.
Meanwhile, on year-on-year basis, the fish exports during May 2017 increased by 37.94 per cent as compared to the exports of the same month of last year.
The fish exports during May 2017 were recorded at $ 47.986 million as compared to the exports of $ 34.786 million.
On month-on-month basis, the fish exports increased by 18.02 per cent during May 2017 when compared to the exports of $ 40.660 million during April, according to the PBS Data.
Recently, Pakistan’s exports have grown inordinately in comparison of its imports. The results have been detrimental to the national kitty.
The FOREX reserves have been crumbling which have led to a fall in earnings.
Recently, All Pakistan Textile Mills Association (APTMA) had protested against the issue at hand.
