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Export of jewellery plunged by 72 percent to 324.253 million dollars during July 2013 to May 2014, according to official figures. Jewellery export fell by 833.747 million dollars from July 2013 to May 2014 from 1.158 billion dollars in the same period of last fiscal year, Pakistan Bureau of Statistics (PBS) revealed. In May 2014, jewellery export plummeted by 10.41 million dollars (66.16 percent) to 5.325 million dollars from 15.735 million dollars in May 2013, the statistics mentioned.
Export of gems went up by 38 percent from1.536 million dollars to 5.593 million dollars from July 2013 to May 2014 from 4.057 million dollars in the same period of last fiscal year, the PBS suggests. In term of volume, export of gems went up by four metric tons (68 percent) to 10 metric tons during July 2013 to May 2014 from six metric tons in the same period of last fiscal year, the statistics mentioned. According to PBS, in May 2014, gems export grew by 58.46 percent from 0.273 million dollars to 0.740 million dollars as compared to 0.467 million dollars in May 2013.

Copyright Business Recorder, 2014

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