Seafood exports fall by 11.95pc in 5 months

ISLAMABAD (APP) - Seafood exports during the first five months of current financial year witnessed negative growth of 11.95 percent as compared to the exports of corresponding period of last year. Fish and fish preparations exports during July-November (2009- 10) were recorded at $81.339 million as against the exports of $92.376 million recorded in July-November (2008-09), according to Federal Bureau of Statistics. Fish exports during November 2009 also declined by 10.66 percent as compared to the exports of October 2009. Fish exports during November were recorded at $22.180 million as against exports of $24.826 million recorded during October 2009. As against the exports of $21.494 million registered in the same month of last year, fish exports during Nov 2009 registered positive growth of 3.19pc, the FBS data revealed. The overall food group exports during July-November (2009-10) declined by 22.45 percent when compared to the corresponding period of last year. Food exports during the period were recorded at $1.127 billion against the exports of 1.454b recorded during last year. Among the food groups, exports of rice declined by 30.93 percent as export of basmati rice decreased by 47.85pc where as export of other rice varieties went down by 8.12pc. Similarly the exports of leguminous vegetables (pulses) decreased by 99.52 percent, tobacco by 36.93 percent, wheat by 99.61 percent, sugar by 100 percent and the export of other food items also witnessed negative growth of 1.45 percent. On the other hand, exports of vegetables increased by 63.02 during the five months under review where as exports of spices increased by 11.63 percent, oil seeds, nuts and kernels by 23.25 percent and export of meat preparations also increased by 35.32 percent.

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