Pakistan's Jewellary exports up by 29% in FY16

ISLAMABAD, 1st August, 2016 (WAM) - The Jewellary exports from the country increased by 28.78 percent during the fiscal year 2015-16 compared to the corresponding period of last year.

The overall exports of jewellary from the country during July- June (2015-16) were recorded at $8.492 million compared to the exports of $6.594 million in July-June (2014-15), according to Pakistan Bureau of Statistics (PBS).

Meanwhile, on year-on-year basis, the jewellary exports increased by $183.55 million in June 2016 compared to the exports of June 2015.

The Jewellary exports during June 2016 were recorded at $1.310 million in June 2016 compared to the exports of $0.462 million in June 2015.

On month-on-month basis, the exports of jewellary increased by 18.23 percent in June 2016 when compared to the exports of $1.108 million in May 2016, the PBS data revealed.

Meanwhile, the gem exports from the country declined by 49.72 percent during the fiscal year 2015-16 by going down from $7.846 million last year to $3.944 million during the current year, Associated Press of Pakistan reported, citing the PBS data.

On year-on-year basis, the exports of gems, however decreased by 30.83 percent in June 2016 to $0.249 million compared to the exports of $0.360 million.

While as compared to the exports of $0.487 million in May 2016, the exports of gems in June decreased by 48.87 percent.


WAM/tfaham