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    Fruit export earnings jump 93% in 10 years as volumes swing widely

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    Pakistan’s fruit export earnings increased by nearly 93% over the past decade, climbing from Rs44.6 billion in 2015-16 to Rs86.0 billion in 2024-25, according to official data from the Ministry of Finance.

    The highest export value during the 10-year period was recorded in 2023-24, when receipts reached Rs97.1 billion. Shipment volumes that year stood at 928,000 tonnes.

    In the latest fiscal year, 2024-25, export volumes declined sharply to 579,000 tonnes, the lowest level recorded in the decade and about 37% lower than 2023-24. Despite the drop in quantity, export receipts remained strong at Rs86.0 billion.

    Over the review period, export volumes fluctuated within a wide range of 579,000 to 975,000 tonnes. The peak in shipments was recorded in 2020-21, when exports surged to 975,000 tonnes. Earnings that year stood at Rs76.8 billion.

    However, volumes fell by more than 36% in 2021-22 to 622,000 tonnes. Despite the decline in shipments, export receipts increased to Rs84.4 billion, indicating a rise in export value per tonne.

    In 2022-23, volumes remained subdued at 629,000 tonnes, while export value declined to Rs68.8 billion. The downturn followed the devastating floods of 2022, which inundated large areas of farmland and affected millions of acres of crops.

    Earlier, exports had entered a two-year expansion phase. In 2018-19, shipment volumes rose to 756,000 tonnes and export earnings jumped nearly 28% year-on-year to Rs56.3 billion. Growth continued in 2019-20, with volumes reaching 798,000 tonnes and receipts increasing to Rs67.8 billion.

    The recovery had begun in 2017-18, when exports improved to 697,000 tonnes, generating Rs43.8 billion.

    At the start of the decade under review, fruit export volumes stood at 677,000 tonnes in 2015-16, with earnings of Rs44.6 billion. In 2016-17, volumes declined to 646,000 tonnes and export value dropped to Rs39.9 billion following above-average rainfall between March and September 2016 that triggered flash floods in parts of Khyber Pakhtunkhwa and Punjab, damaging orchards and crops.

    Overall, while shipment quantities showed significant volatility due to weather-related disruptions, export earnings demonstrated a sustained upward trend over the decade.

    The post Fruit export earnings jump 93% in 10 years as volumes swing widely appeared first on Profit by Pakistan Today.

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