Sport goods’ exports increase 0.33% in 8 months of current FY 2019-20
ISLAMABAD: The exports of sports goods from the country witnessed an increase of 0.33 percent during the first eight months of current financial year (2019-20) as against the exports of corresponding period of last year.
The country exported sports goods worth $ 199.248 million during July-February (2019-20) against the trade of $ 198.589 million during July-February (2018-19), showing growth of 0.33 percent, Pakistan Bureau of Statistics (PBS) reported.
The sports products that contributed in positive growth included footballs, exports of which increased from $ 99.161 million to $111.131 million, showing increase of 12.07 percent while the exports of all other sports products went up from $ 31.966 million to $ 34.067 million, witnessing upward growth of 6.57 percent.
However, the exports of footballs decreased by 19.88 percent by going down from $67.462 million last year to $ 54.050 million during the period under review.
Meanwhile, on year-on-year basis, the exports of sports products during February 2020, increased by 13.18 percent to $ 24.866 million when compared to the exports of $21.970 million during February 2019, the PBS data revealed.
During the period under review, the exports of footballs increased by 14.17 percent while the export of gloves and other sports products increased by 12.65 and 10.77 percent respectively.
On month-on-month basis, the exports of sports products increased by 5.08 percent in February 2020 when compared to the exports of $ 23.665 million in January 2020.
During the month under review, the exports of footballs and gloves increased by 1.07 and 26.15 percent respectively while the export of all other sport products decreased by 10.43 percent, the data revealed. – APP