Sports Goods Exports Decline by 9.68% as Cement Continues to Rise

The export of sports goods witnessed a decrease of 9.68%  to $308.746 million during the fiscal year 2018-19 as compared to $341.820 against the corresponding period of last year, Pakistan Bureau of Statistics (PBS) reported.

Among the sports products, the exports of footballs decreased by 3.75%, going down from $166.881 million last year to $160.625 million during the fiscal year under review.

The exports of gloves decreased from $120.913 million to $96.833 million, showing a decline of 19.92%. The exports of all other sports products went down from $54.026 million to $51.288 million, witnessing a decrease of 5.07%.

Meanwhile, on a year-on-year basis, the export of sports products during June 2019 decreased by 19.87% to $23.517 million when compared with the exports of $29.347 million during June 2018. Similarly, the exports of footballs decreased by 8.85% while the exports of gloves and other sports products increased by 36.49% and 16.68% year-on-year in June respectively.

On a month-on-month basis, the exports of sports products saw a downward trend by 4.89% in June 2019 when compared with the exports of $29.673 million in May 2019, the data revealed. During the month under review, the exports of footballs decreased by 22.77% while the exports of gloves and other sports products went up by 17.47% and 19.37% respectively.

Cement Exports Rise by 21% in FY19

Cement exports during the financial year 2018-19 witnessed an increase of 21.94% to $271.726 million, as compared to $222.841 million recorded in July-June (2017-18).

In terms of quantity, the cement exports witnessed an increase of 40.41% from 4.5 million metric tons last year to 6.4 million metric tons this year.

The cement exports in June 2019 were recorded at $11.556 million, against the exports of $16.315 million in June 2018, thus demonstrating a decline of 29.17%.

On a month-on-month basis, the exports witnessed a decrease of 32.22% in June 2019 as compared to exports of $17.050 million last month.


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