Pakistan's nontextile exports record a low growth

Pakistan’s non-textile exports recorded a low growth of 4.28 percent year-on-year to $7.332 billion during the nine months of the ongoing fiscal year (9MFY21) owing to the partial revival of international orders.

The value added-sectors mainly lead the overall growth in the non-textile sector. The non-textile sector has yet to receive full orders to pre-Covid levels, data compiled by the Pakistan Bureau of Statistics (PBS) showed.

In 9MFY21, three sectors  including leather garments, surgical instruments and engineering goods  have maintained growth in export proceeds despite lockdowns in many countries.

Food shortages in the domestic market and lesser demand in the international market led to overall drop in demands for Pakistani food products, especially fruits.

Data compiled by PBS showed the food basket contracted 1.84pc in the July-March period from a year ago.