Cutlery exports increase 29.54% to $80.946m

Dunya News

On year-on-year basis, the cutlery exports also rose by 35.82 percent.

ISLAMABAD (APP) - The exports of cutlery from the country witnessed an increase of 29.54 percent during the eight months of financial year 2020-21 as compared to the corresponding period of last year.

The country exported cutlery worth US $80.946 million during July-February (2020-21) against the exports of US $62.486 million during July-February (2019-20), showing growth of 29.54 percent, according to the Pakistan Bureau of Statistics (PBS).

Meanwhile, on year-on-year basis, the cutlery exports also rose by 35.82 percent during the month of February 2021 as compared to the same month of last year.

The cutlery exports in February 2021 were recorded at $10.639 million against the exports of $7.833 million in February 2020, the PBS data revealed.

On month-on-month basis the export of cutlery however witnessed nominal decline of 1.74 percent in February 2021 as compared to the exports of $10.827 million in January 2021.