Domain Registration

Sports goods exports fall 1.06pc in 11 months

  • July 22, 2021

ISLAMABAD   –   The exports of sports goods have witnessed a decrease of 1.06 per cent during the first eleven months of fiscal year (2020-21) as compared to the exports of corresponding period of last year. Pakistan exported sports goods worth $241.270 million during July-May (2020-21) against the exports of $243.853 million during July-May (2019-20), showing a decline of 1.06 per cent, according to the Pakistan Bureau of Statistics (PBS). Among the sports goods, the exports of footballs decreased by 11.86 per cent as it went down from $133.163 million last year to $117.372 million during the fiscal year under review while the gloves exports also declined by 9.11 per cent by going down from $ 67.519 million last year to $61.365 million, the PBS data revealed. However, the exports of all other sports goods witnessed an increase of 44.85 per cent by growing from $43.171 million to $62.533 million. Meanwhile, year-on-year basis, the sports goods’ export rose by 41.80 per cent in May 2021 as compared to the export of the same month of last year. The sports goods’ export in May 2021 was recorded at $19.557 million against exports of $13.792 million in May 2020. During the period under review, the footballs and gloves exports also increased by 55.22 and 0.19 per cent respectively in addition the exports of all other sports products rose by 80.36 per cent. 

Article source: https://nation.com.pk/21-Jul-2021/sports-goods-exports-fall-1-06pc-in-11-months

Related News