ISLAMABAD - As the unprecedented floods have destroyed the main export items of the country, the government is seriously contemplating to revise the exports as well imports targets for the current fiscal year 2010-11, sources told TheNation here on Tuesday. The floods and rains had destroyed the main export commodities of the country including cotton and rice crops besides vegetables and other crops. Therefore, all trade targets including export and import would be revised less than what was planned before the floods. The sources said that the unprecedented floods had affected the countrys trade by $1.8 billion. According to the sources, due to the floods, the countrys exports could decline by one billion dollars while on the other hand imports could surge by the same amount. The sources were of the view that the government is planning to fix the export target at around $19.6 billion while earlier it was $21 billion. Meanwhile, the new import target is to be fixed at $35.7 billion against $34.7 billion for the ongoing financial year. It is worth mentioning here that the countrys exports had shown a healthy growth of 21.49 percent in July-August period of the current fiscal year compared to the same period of the last financial year. The exports managed to reach $3.56 billion in July-August 2010 period as compared to $2.93 billion against the same period of last year. Meanwhile, the imports also went up by 20.93 percent and totalled at $6.25 billion in July-August against $5.17 billion during the same period last fiscal year.