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Wheat and sugar exports surge by 100pc during July 2017

Shahzaz ud din

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Wheat and sugar exports surge by 100pc during July 2017
By APP -
September 20, 2017


wheat.jpg

Islamabad: The exports of wheat and sugar from Pakistan during the first month of current financial year witnessed 100 percent increase as compared to corresponding month of last year.

During the month of July 2017, about 353 metric tons of wheat valuing US$ 114,000 was exported against the export same month last year.

According to data outed by Pakistan Bureau of Statistics, 58,555 metric tons of sugar worth of US$ 27.584 million was also exported from the country during the period under review.

Meanwhile, about 188 metric tons of tobacco valuing US$ 730,000 were exported as compared to exports of 24 metric tons worth of US$ 78,000 in same period last year.

The exports of tobacco from the country registered 835.90 percent increase during first month of current financial year as compared to same month of last year, it added.

During the period under review, about 24,393 metric tons of fresh fruits worth US$ 19.483 million exported as compared the exports of the corresponding period of last year.

On the other hand about 32,702 metric tons of vegetables valuing US$ 10.330 million were exported.

During the period under review fruit exports decreased by 16.10 percent, where as vegetables exports increased by 26.80 percent respectively, it add
 
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i don't know about other but sugar and wheat supplies were stuck at afghan border during the month of may and june and were cleared from customs during the month of July, hence the surge.

having said that due to due to glut of major agri crop we could have exported more but our policy makers could not realize this and lost on millions of $$$$$

 
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