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Pakistan's non-textile products drop by 7.8% to $783.053m
ISLAMABAD—The export of non-textile products declined by 7.8 per cent to
$783.053 million during July 2006 as against $849.345 million the same
month last year.
Official figures compiled by the ministry of commerce showed that the
decline in the export proceeds during the month under review was due to
decrease in export of engineering, sports, carpets, leather, surgical
and pharmaceutical products.
The only category which registered a nominal growth was primary
commodities which include mostly agriculture produce and to some extent
fish food.
Analysts attributed the decline in the non-textile export proceeds to
ill-advised and un-proper policies of the government which was only
focused on the promotion of textile products.
The government had announced a package of Rs25 billion for the textile
sector, while the traditional sectors like sports, surgical and carpets
were unable to compete with the similar products manufactured in China,
India etc., in international market.
Official figures showed that the export of all sport goods (footballs
and gloves) declined by 50.95pc; carpets, rugs and mats by 59.50pc; and
leather goods (garments and gloves) by 34.41pc during July 2006 over
last year.
The export of surgical goods and medicinal instruments declined by
78.47pc, followed by jewellery dipped by 94.45pc, furniture by 27.96pc,
molasses by 731.66pc, footwear (leather and canvas) by 40.12pc during
the month.
The export of engineering goods decreased by 31.98pc, auto parts
60.41pc; chemical and pharmaceutical products by 2.14pc, cutlery 72.75pc
and onyx manufactured 56.15pc during the month under review.
Among the primary commodities, exports of fish and fish foods rose by
1.59pc, rice by 160.49pc and oilseeds by 142.15pc. However, exports of
fruits declined by 58.24pc, vegetables dipped by 87.79pc, tobacco by
18.85pc and meat by 14.76pc during July 2006 over last year. —Agencies |