Jewelry export surges by 1.3pc in FY2017-18

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2018-07-31T18:45:31+05:00

Islamabad (Agencies): Country’s jewellery export increased by 1.3 percent during the fiscal year 2017-1 8 to $5.9 million as compared to the export worth of $5.8 million in the same period of the previous year.

The export of gems also surged by 34.97 per cent during the period under review as it rose to $4.05 million in July-June (2017-18) from $3 million in Jul-Jun (2016-17).

According to latest data released by Pakistan Bureau of Statistics (PBS), the jewellery export witnessed a sharp decrease of 93 per cent and 91 per cent when compared to the export of June 2017 and May 2018 respectively.

The export went down to $34,000 in June 2018 from $508,000 in June 2017 and $381,000 in May 2018.

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