Food exports increase 22.43 % growth in July

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Food group exports from the country during the first month of the current financial year posted growth of 22.43 percent as compared to the same month of last year. Different food commodities worth $389.319 million exported during the month of July 2013 as compared to $ 317.997 showing an increase of 22.43 percent. According to data of Pakistan Bureau of Statistics (PBS), rice export from the country increased 33.98 percent in month of July 2013 as compared to the same month of last year. During the period under review 292,564 metric tons rice worth $173.814 million was exported as against 196.819 million valuing $129.72 million in month of July 2012. However, the exports of basmati rice witnessed negative growth in July 2013 as it went down by 20.30 percent and reached to $57.61 million from $ 72.288 million in the same month of previous year.