ISLAMABAD: Pakistan earned $161.896 million by means of exporting seventy two,515 metric tonnes of fish and fish arrangements at some stage in the first 5 months of the cutting-edge fiscal year, Pakistan Bureau of records (PBS) pronounced. in comparison to the exports of $185.802 million at some stage in July-November (2022-23), the fish exports for the duration of the July-November (2023-23) witnessed declined of 12.87 percent, in line with PBS records. In terms of amount, the exports of fish and fish arrangements however accelerated through 1.54 percentage during the first five months when in comparison to exports of seventy one,415 metric tonnes all through remaining fiscal year. On a yr-on-year foundation, the seafood exports reduced with the aid of 25.seventy five percent to $38.0.5 million in November 2023 in comparison to the exports of $fifty one.224 million in November 2022. In terms of quantity, the exports witnessed a 12.07 percentage lower by using happening from 20,542 metric tonnes final yr to 18,064 metric tonnes this yr.
Also read: Cement exports increase 48.28% to $113.998 mln
On a month-on-month foundation, the seafood exports declined with the aid of 6.seventy seven percent while in comparison to the exports of $forty.797 million in October, in step with the PBS records. In terms of quantity, fish exports increased by way of eight.5 percentage in November compared to the exports of sixteen,648 metric tonnes in October. the overall food institution exports from Pakistan elevated by way of 37.12 percentage during the first 5 months of the present day monetary yr compared to the corresponding period of remaining year. food exports all through July-November (2023-24) have been recorded at $2,640.905 million in comparison to the exports of $1,925.969 million in July-November (2022-23), a surge of 37.12 percentage, in line with modern-day PBS information. it’s far pertinent to say here that us of a’s merchandize alternate deficit shrunk by using 33.fifty nine in line with cent at some point of the first five months of the contemporary monetary year as compared to the corresponding duration of ultimate year. The alternate deficit from July-November (2023-24) was recorded at $nine.378 billion as against the deficit of $14.122 billion in July–November (2022-23), displaying bad growth of 33.fifty nine in step with cent. all through the period under review, the exports accelerated by 1.ninety three per cent to $12.172 billion as compared to the exports of $eleven.942 billion in the course of the corresponding period of closing yr, in step with the trendy PBS statistics. on the other hand, the imports narrowed by means of 17.32 according to cent and were recorded at $21.550 billion in comparison to $26.064 billion ultimate yr.
