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Sports Exports Increase by 20% in First Four Months of FY 2021-22

Pakistan’s total exports of sports equipment have registered an increase of 20.73% in the first four months of the ongoing fiscal year as compared to the same period last year.

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According to the data issued by the Pakistan Bureau of Statistics (PBS), the country’s sporting equipment exports stood at $105.120 million between July and October in FY 2021-22. Pakistan had exported sports goods worth $87.070 million during the same period in FY 2020-21.

As always, the demand for Pakistan-made footballs is very high. The country exported footballs worth $50.148 million between July and October in FY 2021-22 as compared with the exports of $42.780 million in the same period last year, registering an increase of 17.22%.

The exports of gloves surged to $24.552 million in the first four months of the current financial year as compared to $23.163 million in the same period last year, reporting a growth of 6%.

The exports of other sporting goods increased to $30.420 million between July and October in FY 2021-22 as compared with the exports of $21.127 million in the same period last month, witnessing an increase of 43.99%.

Pakistan’s sports equipment exports stood at $27.228 million in October 2021 as compared with the $20.388 million worth of exports in the same period last year, showing a 33.55% year-on-year increase.

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However, Pakistan’s exports of sporting goods on a month-on-month basis went down slightly in October as the country had exported sporting equipment worth $27.335 million in September, showing a decrease of 1.78%.

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