Export of sports goods grows eight per cent

ISLAMABAD: The exports of sports goods from Pakistan increased by 8.06 per cent during the first ten months of the current fiscal as compared to the same period of last year.

Sports goods worth US$261.148 million were exported abroad during July-April (20101-11) as compare to the exports of US$241.677 million during July-April (2009-10), according to data of Federal Bureau of Statistics (FBS).

The major contributor towards enhancing the sports’ exports included gloves, exports of which increased by 23.26 per cent during the period under review.

Gloves worth US$101.086 million were exported during the period as against the exports of US$82,010 million last year.

However, the exports of footballs witnessed decrease of 2.23 per cent by declining from US$120.487 million last year to US$117.805 million this year, the data revealed.

The export of other sports goods, however, increased by 7.85 per cent by going up from US$39.180 million to US$42.257 million last year.

The sports good export during April 2011 increased by 1.45 per cent, but decreased by 18.16 per cent when compared to the exports of April 2010 and March 2011 respectively.

The sports exports during April 2011 were recorded at US$ 29.258 million against the exports of US$28.841 in April 2010 and US$35.752 million in March 2011, according to the data.

Among the sports products, exports of gloves during April 2011 were recorded at US$10.623 million against the exports of 7.364 million last year, showing an increase of 44.26 per cent.

However as compared to the exports of US$16.253 million in March 2011, exports during April 2011 witnessed negative growth of 34.64 per cent.

On the other hand, the exports of footballs during April 2011 decreased by 6.59 per cent and increased by 2.24 per cent when compared to the exports of April 2010 and March 2011 respectively.

Exports of footballs during April 2011 stood at US$15.598 million against the exports of US$16.699 million in April 2010 and US$15.257 million in March 2011.

The export of other sports products decreased by 36.44 per cent and 28.41 per cent during April 2011 as compared to exports of April 2010 and March 2011 respectively.

The exports of other sports good stood at US$3.037 million in April 2011 against the exports of US$4.778 million in April 2010 and US$4.242 million in March 2011, the data revealed.