Record kinno exports fetch $253m
By Our Staff Reporter
KARACHI: Pakistan exported highest-ever 460,000 tonnes of kinno during 2020-21 amid strong demand as foreign buyers consumed the fruit for strengthening the immunity system against Covid-19.
Around 40 countries lifted Pakistani kinno which boosted exports by 30 per cent compared to 353,000 tonnes last year.
`Kinno exports have fetched $253 million this season,` Waheed Ahmed, Patron-in-Chief, All Pakistan Exporters, Importers and Merchants Association (PFVA) said, adding that export target for thecurrentyearwas350,000 tonnes to fetch $210m.
He said despite record kinno sales, exporters had to sustain huge financial losses as dollar price fell sharply to Rs153 while they materialised export orders at Rs168.
Pakistani kinno, however, could not get f air price due to lockdown in international markets while disproportionate increase in the cost of f reight further multiplied the huge financial losses, the highest loss was sustained in the Russian market, he deplored.
He said exports of kinno were also made to Afghanistan and Iran after reopeningofborders due to efforts of the ministries of commerce and interior.
Exporters also made shipments to the United Kingdom after a long gap of seven years as the UK has left from the European Union.