The exports of spices witnessed an increase of 19.21 per cent during the first five months of the financial year 2023-24, as against the exports of the corresponding months of last year.
The spices exports from the country were recorded at US $45.179mn during July-November (2023-24) against the exports of US $37.898mn during July-November (2022-23), according to the Pakistan Bureau of Statistics (PBS). In terms of quantity, the exports of spices also surged by 82 per cent going up from 8,478 metric tons to 15,431 metric tons, according to the data. Meanwhile, year-on-year basis, the exports of spices increased by 4.29 per cent during the month of November 2023 as compared to the same month of last year.
The exports of spices from the country during November 2023 were recorded at US $10.428mn against the exports of US $9.999mn in November 2022. On a month-on-month basis, exports of spices however decreased by 5.13 per cent during November 2023 when compared to the exports of US $10.992mn in October 2023, the PBS data revealed.
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