According to the data released by the Ministry of Commerce, The month of March saw an Inflation in the exports of value-added and non-traditional products owing to the government’s support for the division.
The commerce ministry added that the country’s overall exports remained above the $2 billion mark for the sixth consecutive month in March since 2011.
Cements exports posted a growth of 61 per cent in March, followed by home textiles 34pc, men and women’s garments 29pc, rice 10pc, fruits and vegetables 54pc and meat 47pc compared to the corresponding period last year.
The data showed a decreasing trend in the exports of mostly non-value-added products. Exports of tobacco and cigarettes decreased by 22pc, tents & canvas 36pc, cotton waste 20pc, and tracksuits 14pc during the month under review compared to March 2020.
On a geographical basis, exports to the UK, US, China, Germany, Afghanistan and Kazakhstan increased in the month under review while there was a decrease in exports to the UAE, Bangladesh, Saudi Arabia, and Kenya.
The Pakistan Bureau of Statistics data showed that exports proceed in March reached $2.361bn as against $1.810bn over the last year, marking an increase of 30.44pc