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Pakistani sports goods’ exports witness 11% jump in 2MFY22

The exports of sports goods were increased by 11.23 percent during the first two months of ongoing financial year (2021-22) as compared to the exports of corresponding period of FY20, the Pakistan Bureau of Statistics figures show.

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Pakistani sports goods’ exports witness 11% jump in 2MFY22
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The country exported sports goods worth $50.415 million during July-August (2021-22) against the trade of $45.325 million during July-August (2020-21), showing a growth of 11.23 percent, the PBS further reported.

During the months under review, the export of footballs also increased by 5.25 percent from $21.828 million last year to $22.973 million during current year under review while the exports of gloves however witnessed decline of 1.59 percent from $12.262 million to $12.067 million.

In addition, the exports of all other sports good however witnessed an increase of 36.85 percent by going up from $11.235 million to $15.357 million during the period under review.

Meanwhile, on year-on-year basis, the exports of sports products during August 2021 rose by 25.63 percent to $24.060 million when compare to the exports of $19.152 million during August 2020, the PBS data revealed.

During the period under review, the exports of footballs and gloves also increased by 18.79 and 18.82 percent respectively while the export of all other sports products increased by 46.48 percent.

On month-on-month basis, the exports of sports products went down by 8.71 percent in August 2021 when compared to the exports of $ 26.355 million in August 2021.

During the month under review, the exports of footballs decreased by 7.61 whereas the export of gloves increased by 2.60 percent, the data revealed.

SOURCE: APP

Faisal Ali Ghumman

Faisal Ali Ghumman is a senior editor at GNN, known for writing top quality content which garner very high readerships and has been covering every field of journalism, including politics, media, sports and scholarly articles. Faisal Ali Ghumman is nothing less than a Veteran Editor and has been writing for GNN for the past 4 months.

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