Jewellary ex­ports de­cline in 8-month of FY13

The Pak Banker - - NATIONAL -

The ex­ports of Gems and Jewellary in the coun­try has wit­nessed sharp in­crease of 16.99 per­cent and 138.73 per­cent re­spec­tively dur­ing first eight months of cur­rent fi­nan­cial year against the same pe­riod of last year. The Jewellary ex­ports dur­ing the pe­riod un­der re­view were recorded at US$ 1.21 bil­lion while dur­ing last year, the ex­ports stood at US$ 506.3 mil­lion. The Gems ex­ports stood at $2.74 mil­lion dur­ing Ju­lyFe­bru­ary 2012-13 against the ex­ports of $2.343 mil­lion dur­ing July-Fe­bru­ary (2011-12).

Ac­cord­ing to data of Pak­istan Bureau of Statis­tics (PBS), the jewellary ex­ports of the coun­try on month on month ba­sis de­creased by 48.07% and in­creased by 72.22% dur­ing Fe­bru­ary 2013 when com­pared Fe­bru­ary 202 and Jan­uary 2013 re­spec­tively.The jewellary ex­ports, de­creased from $147.969 mil­lion in Fe­bru­ary 2012 to $$76.841 mil­lion in Fe­bru­ary 2013. The Gems ex­ports dur­ing the month de­creased by 54.67% and 32.4% when com­pared with Fe­bru­ary 2012 and Jan­uary 2013 re­spec­tively. The Gems ex­ports in­creased from $0.428 mil­lion and $0.287 mil­lion in Fe­bru­ary 2013 and Jan­uary 2013 to $0.194 mil­lion in Fe­bru­ary 2013. Sim­i­larly ex­ports of ce­ment, fur­ni­ture, hand­i­crafts and guar and guar prod­ucts also wit­nessed in­crease of 24.08%, 22.57% 494.089% and 33.87 re­spec­tively. The fur­ni­ture ex­ports dur­ing first eight months of cur­rent fi­nan­cial year re­mained $5.001m against ex­ports of $4.08m dur­ing same pe­riod of last year.

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