Pakistan earns $430.74 million from meat exports

Pakistan's meat exports

ISLAMABAD: The country’s meat and meat preparations exports saw a significant increase of 24.37 per cent during the first 10 months of the current financial year, as compared to the same period last year, the Associated Press of Pakistan (APP) reported.

From July to April 2023-24, the nation exported over 104,513 metric tonnes of meat and meat products valued at $430.74 million. This is a notable rise from the 80,423 metric tonnes worth $346.33 million exported during the same period last year.

Conversely, exports of fish and fish preparations experienced a downturn, decreasing by 15.74 per cent. The Pakistan Bureau of Statistics reported that 167,345 metric tonnes of fish and fish products worth $342.15 million were exported in the first 10 months of this financial year.

This is a decline from the 173,550 metric tonnes valued at $406.09 million exported in the same period of the previous year.

The overall food group exports showed remarkable growth, increasing by 45.61 per cent. Food commodities worth $6.23 billion were exported from July to April 2023-24, compared to $4.28 billion in the same period last year.

In contrast, the import of food goods into the country decreased by 12.18 per cent during the review period, dropping to $6.82 billion from $7.76 billion recorded in the same timeframe last year.

However, on a month-on-month basis, the imports of food commodities rose by 22.82 per cent in April 2024, with imports valued at $527.03 million compared to $429.11 million in April of the previous year.

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