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Food group exports grew by 49.84% in first half of FY2023-24

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ISLAMABAD: Food group exports from the country during the first half of the current financial year grew by 49.84 per cent as compared to the exports of the corresponding period of last year.
During the period from July-December, 2023 food commodities valued at $3.481 billion were exported as against the exports of $2.323 billion of the same period of the last year, according to the data released by the Pakistan Bureau of Statistics.
During the period under review, rice exports increased by 76.53 per cent and over 2.570 million tons of rice worth $1.638 billion were exported as compared to the exports of 1.732 million tons valued at $927.918 million in the same period of last year, it added.
Meanwhile, the exports of fruits grew by 9.31 per cent and pulses by 79.01 per cent as 446,901 metric tons of fruits and 96 metric tons of pulses valued at $171.280 million and $48,000 were exported during the period under review, the data revealed.
Meanwhile, the exports of tobacco increased by 64.92 per cent and spices by 21.37 per cent respectively as 14,239 metric tons of tobacco worth $44.919 million and 19,500 metric tons of spices valued at $57.125 million were exported during the last six months of the current financial year.
In the first two quarters of the current financial year the exports of oil seed and nuts grew by 250.45 per cent, whereas exports of sugar increased by 100 per cent as compared to the exports of the same period of last year, it added.

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