ISLAMABAD: Different food commodities worth $2.854 billion were exported during first eight months of current financial year as compared the exports of $3.032 billion of same period of last year.
During the period from July-February 2020-21, food exports witnessed a decline of 5.85 percent as compared the exports of the corresponding period of last year, according to the data released by Pakistan Bureau of Statistics.
During the period under review, rice exports from the country reduced by 4.26 percent as it was recorded at $1.337 billion as compared the exports of $1.397 billion of same period of last year.
In last eight months of current financial year, about 2.489 million tons of rice valuing $1.337 billion exported as compared the exports of 2.766 million tons worth of $1.397 billion of same period last year.
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Meanwhile, the country exported over 367,199 metric tons of basmati rice during the period under review earning $368.842 million as compared to the exports of 569,938 metric tons valuing $499.676 million during the same period last year.
The exports of basmati rice also registered 26.16 percent decrease in last 8 months of current financial year as against the exports of same period last year. However, exports of others rice witnessed 7.92 percent increase during the period under review as over 2.122 million tons of rice other than basmati worth $968.948 million exported as against the exports of 2.196 million tons valuing $897.806 million of same period last year.
On the other hand, food imports witnessed 50.29 percent increase as compared the imports of the corresponding period of last year. During the period from July-February, 2020-21, different food commodities valuing $5.344 billion imported as compared the imports of $3.556 billion of same period of last year.
During last 8 months of current financial year, wheat imports witnessed about 100 increase as 3,32,817 metric tons of wheat costing $915.902 million imported as compared the zero imports of the commodity during same period of last year.
