Food exports up 37pc

Food exports increased year-on-year by 37.12 per cent during the first five months of the current fiscal year, reported the Pakistan Bureau of Statistics on Tuesday. Food exports were recorded at $2.64 billion during July-November 2023-24 as compared to $1.92bn in the same period last year. The rice exports surged by 49.37pc to $1.11bn from $749.4m last year. Likewise, the exports of fruits rose year-on-year 15.27pc to $128.13m, leguminous vegetables 79.01pc to $0.084m and spices 19.21pc to $45.179m. On a year-on-year basis, the exports of oil seeds, nuts and kernels increased by 263.82pc to $350.37m, sugar by 100pc from zero to $21.07m, meat and meat preparations by 21.81pc to $195.7m in 5MFY24.