Exports of engineering goods up by 20.19pc

ISLAMABAD: Exports of engineering goods during 11 months of the financial year closed on June 30, 2018, registering about 20.19 per cent growth when compared to the exports of the corresponding period of last year.

Engineering goods worth $190.633 million were exported during the period from July-May, 2017-18 as compared the exports of $158.610 million of the same period last year, according to the data of the Pakistan Bureau of Statistics (PBS).

During the period under review, auto parts and accessories worth US$ 15.546 million exported against the $12.55 million of the same period last year.

About 1,101 electric fans valuing $23.826 million were exported as compared the exports of 1,317 worth $25.298 million in eleven months of the last fiscal year.

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During eleven months of the last financial year, exports of transport equipment worth $7.717 million were exported whereas as the country earned $41.451 million by exporting other electrical machinery.
During the period from July-May, 2017-18, exports of other chemicals also grew by 31.77 per cent and were recorded at $505.83 million as against the exports of $383.882 million of same period last year, it added.

Meanwhile, the exports of fertilisers also witnessed a growth of 632.74 per cent as during the period from July-May, 2017-18, about 234,145 metric tons of fertilisers manufactured worth $51.321 million were exported as compared the exports of 30,124 metric tons valuing $7,004 of the same period last year.

According to the data country earned $82.582 million by exporting cutlery products as compared the exports of $75.280 million of the same period last year, which was up by 9.70 per cent, it added.

However, the exports of pharmaceutical products decreased by 8.26 as it came down from $195.980 million in 11 months of fiscal year 20116-17 to $179.785 million during same period of the year ended on June 30.

About 9,102 metric tons of pharmaceutical products were exported in last 11 months of 2017-18 as compared the exports of 10,356 metric tons of same period last year, the data revealed.

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