ISLAMABAD: The export of base metals and articles from the country grew35.62pc during the first two months of the current financial year (FY20) ascompared to the corresponding months of last year.
During the period under review, the export of base metals and its articleswas recorded at $115.044 million, as against $84.827 million recordedduring the same period of last year, according to data issued by the StateBank of Pakistan (SBP).
The commodities that contributed positively included copper and itsarticles, exports of which grew from $28.295 million last year to $77.044million during the period under review, showing an increase of 172.28pc.
The export of aluminium and its goods grew by 52.24pc, from $5.742 millionto $8.742 million, while the exports of tools, implements, cutlery, spoonsand forks also increased by 10.86pc, from $12.080 million to $13.393million.
The export of miscellaneous articles of base metals increased by 8.57pc,from $0.373 million to $0.405 million.
Meanwhile, the commodities that contributed negatively included iron andsteel, exports of which declined by 44.30pc, from $14.692 million in thefirst two months of FY19 to $8.182 million. The export of iron and steelarticles also decreased by 20.85pc, from $7.333 million to $5.804 million.
The export of zinc and its articles dipped by 95.61pc, from $15.153 millionto $0.665 million, whereas the export of nickel and its articles decreasedby 39.13pc, from $0.046 million to $0.028 million.
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SURGICAL GOODS & MEDICAL INSTRUMENTS
The exports of surgical goods and medical instruments during the first twomonths of FY20 increased by 24.52pc as compared the exports of thecorresponding period of last year.
During the July-August 2019 period, different surgical goods and medicalinstruments worth $73.402 million were exported, as against the exports of$59.948 million in the corresponding period of last year, according to datareleased by the Pakistan Bureau of Statistics.
The export of pharmaceutical products grew by 8.21pc, as about 2,365 metrictonnes of pharmaceutical products, worth $38.500 million, were exportedduring the period under review, as against the exports of 1,890 metrictonnes, valuing $33.731 million, during the same period last year.
