ISLAMABAD: Pakistan has experienced an increase of 15.02 percent in its spice exports during the FY 2015-16 when compared to the exports of the same period of last year.
The overall exports of spices from the country were recorded at a significant high of $76.16 million during July-June (2015-16), when compared to the exports of $66.216 million in July-June (2014-15), according to data by the Pakistan Bureau of Statistics (PBS).
In terms of quantity, the exports also increased by 8.29 percent from 6,713 metric tonnes to 20,281 metric tonnes. However, on a year-on-year basis, the exports of spices was found to have decreased by 28.62 percent in June 2016, when compared to the exports
of June 2015, the PBS data revealed. In June 2016, the total exports of spices were recorded at $4.551 million, while exports were recorded at $6.276 million in June 2015. The exports of spices also witnessed a decrease of 36.98 percent in June 2016 when compared to the exports of $7.222 million in May 2016.
The overall food exports from the country during the FY-2016 decreased by 12.56 percent when compared to FY-2015. The food exports were recorded at $3.990 billion during the FY16, a significant low when compared to the exports of $4.563 billion in FY2015.
Source: Daily Times