National News

About 885 metric tons of wheat exported in last 8 months

ISLAMABAD, (MILLAT ONLINE/APP): About 885 metric tons of wheat worth
US$ 258,000, exported during first 8 months of current financial year
as compared the exports of the corresponding period of last year.
According the data of Pakistan Bureau of Statistics wheat
exports from the country during period from July-February, 2016-17
grew by 1,190 percent as compared the exports of same period last
year.
Wheat exports from the country in first eight months of last
financial year was recorded at 50 thousand metric tons valuing US$
20,000.
On month on month basis, wheat exports from the country also
registered 100 percent increase in month of February as about 200
metric tons of the commodity worth US$ 57,000 exported as against
the exports of same period of last year.
It may be recalled that food group exports from the country
during first eight months of current financial year decreased by
11.79 percent, where as imports into the country increased by 13.47
percent as compared the corresponding period of last year.
The food group imports into the country during the period
from July-February, 2016-17 was recorded at US$ 3.970 billion as
compared the imports of US$ 3.498 billion of same period of last
year.
Meanwhile, during the period under review, food group exports
from the country was recorded at US$ 2.339 billion as compared the
exports of US$ 2.652 billion of same period of last year.