Pakistan Jewellary exports up 29 FY16

ISLAMABAD: The Jewellary exports from the country increased by 28.78 percent during the fiscal year 2015 16 compared to the corresponding period of last year.The overall exports of jewellary from the country during July June (2015 16) were recorded at 8.492 million compared to the exports of 6.594 million in July June (2014 15) according to Pakistan Bureau of Statistics (PBS).Meanwhile on year on year basis the jewellary exports increased by 183.55 million in June 2016 compared to the exports of June 2015. The Jewellary exports during June 2016 were recorded at 1.310million in June 2016 compared to the exports of 0.462 million in June 2015. On month on month basis the exports of jewellary increased by18.23 percent in June 2016 when compared to the exports of 1.108million in May 2016, the PBS data revealed.Meanwhile the gem exports from the country declined by 49.72percent during the fiscal year 2015 16 by going down from 7.846million last year to 3.944 million during the current year.On year on year basis the exports of gems however decreased by 30.83 percent in June 2016 to 0.249 million compared to the exports of 0.360 million.While as compared to the exports of 0.487 million in May2016 the exports of gems in June decreased by 48.87 percent.It is pertinent to mention here that the overall mercantile exports from the country declined by 12.11 percent during the year2015 16 as compared to same period of previous year.The country s exports went down from 23.667 billion in July June (2014 15) to 20.802 billion during corresponding period of the year 2015 16.