Tobacco worth $26.073m exported in FY 2017-18

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ISLAMABAD: About 7,211 metric tons of tobacco worth $26.073 million exported during 12 months of the fiscal year 2017-18 as compared the exports of the corresponding period of last year.

The exports of the above-mentioned commodity during the period under review witnessed 76.1 per cent growth as against the same period of last year, said data of Pakistan Bureau of Statistics (PBS).

The exports of tobacco were recorded at 3,802 metric tons worth $14.813 million in the financial year 2016-17, the data revealed.

Meanwhile, about 1,469,802 metric tons of sugar worth $508.333 million exported as compared the exports of 307,348 metric tons valuing $161.039 million, showing over 200 per cent increase.

Besides, the country exported 1.189 million metric tons of wheat worth $236.339 million during 12 months of last fiscal year as compared the exports of 3,937 metric tons valuing $1.038 million of the corresponding period last year.

During the period under review, about 20,694 metric tons of spices worth $79.154 million exported during last year, which was stood at 22,831 metric tons valuing $84.572 million of the same period of 2016-17.

However, in last fiscal year, the local exports of leguminous vegetables (pulses) registered negative growth in their exports and no quantity of the commodity was exported during the period under review.

In last fiscal year, about 520,759 metric tons of basmati rice worth $540.231 million were exported during the period from July-June, 2017-18 as against the exports of 496,263 metric tons valuing $453.441 million of the corresponding period of last year.

During the period under review, the exports of basmati rice witnessed 19.14 percent growth when the quantity was compared with the same period of last year, according the data of Pakistan Bureau of Statistics. .

Meanwhile, about 4.106 million tons of rice worth $2.073 billion were exported during 12 months of last financial year as compared the exports of 3.523 million tons valuing US$ 1.606 billion of the corresponding period of last years, registered 26.78 per cent growth during the period under review.

During the period from July-June, the country earned $1.496 billion by exporting rice other then basmati as about 3.585 million tons of other rice exported as against the exports of 3.053 million tons worth $1.153 billion of the same period last year.

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