Jewellery export up by 76.5pc in two months


ISLAMABAD: The export of jewellery from the country witnessed an increase of 76.5 per cent in the first two months of the current fiscal year as compared to same period of last year.

The jewellery export rose to $1.054 million in July-August 2018-19 against the export of $0.597 million recorded during July-August 2017-18, according to the latest data of Pakistan Bureau of Statistics (PBS).

On the other hand, the export of gems witnessed a slight decrease of 0.35 per cent as it declined to $0.571 million in the period under review from $0.573 million in same period of the preceding year.

On monthly and yearly basis, the export of jewellery was recorded at $0.242 million in August as compared to the export of $0.812 million in July and 0.305 million in August 2017, thus recording a decline of 70 per cent and 20 per cent respectively.

Similarly, the export of gems in August also fell by 65 per cent and 57 per cent when compared to the export during July 2018 and August 2017 respectively.