ISLAMABAD
The food exports in November 2021 witnessed an increase of 26.44 percent to reach $514.7 million on a year-on-year basis.
According to the data released by Pakistan Bureau of Statistics, the food exports during November 2020 had remained $407.08 million. Similarly, on a month-on-month basis, the food exports surged 25.58 percent as compared to exports worth 413.036 million in October 2021.
The food group contributed around 18 percent of the total exports of the country during November 2021. Commodity-wise, rice remained the primary source of foreign exchange earnings during the review period as its exports jumped 35 percent on a month-on-month basis to $231.615 million. On a yearly basis, rice exports surged by only half a percent.
The export of fish & fish preparations remained $9.36 million, showing an increase of 21 percent on a yearly basis and 37 percent on a monthly basis. The exports of meat and meat preparations dropped to $29.156 million from $31.67 million a year ago, showing around 8 percent decline; however, they surged 10.96 percent on a month-on-month basis.
Vegetable exports have seen a threefold increase as the export volume of vegetables reached $33.268 million in November 2021 as compared to $10.12 million in November 2020. Similarly, the group portrayed a strong growth of 84 percent on a month-on-month basis.
