Exports of sports goods increase 14.57pc

The exports of sports products from the country witnessed increase of 14.57 percent during the first five months of the current fiscal year compared to the corresponding period of last year. The overall exports of sports goods were recorded at $136.166 million during JulyNovember (2014-15) compared to the exports of $118.853 million duirng July-November (2013-14), according to the data of Pakistan Bureau of Statistics (PBS).

The sports products that contributed in promoting country's trade positively included footballs, exports of which witnessed increase of 12.36 percent. The PBS data shows that the football exports duirng the five months under review were recorded at $64.217 million compared to the exports of $57.154 million duirng the same period of last year.

The exports of gloves also increased 34.15 percent by going up from $36.540 million last year to $49.018 million during the current year. However, exports of all other sports products witnessed negative growth of 8.86 percent by falling from $25.159 million to $22.931 million, the data revealed.

Meanwhile, on year-onyear basis, the exports of sports products increased by 29.84 percent in November 2014 to $25.004 million compared to the exports of $19.257 million in November 2013. During the month of November the exports of footballs increased by 26.45 percent from $9.619 million during November 2013 to $12.163 while the exports of gloves increased by 26.48 percent from $7.480 million to $9.461 million.

The exports of all other sports products also increased by 56.63 percent by going up from $ 2.158 million in November 2013 to #3.380 million in November 2014, the PBS data revealed.

On month-on-month basis, the exports of sports products increased by 1.67 percent in November 2013 compared to the exports of $24.593 million in October 2014.