ISLAMABAD    -   The exports of base metals and articles from the country grew by 126.62 percent during the first month of current financial year (2019-20) as compared to the corresponding month of last year. During the month of July, 2019, the export of base metals and its articles was recorded at $77.331 million against $34.123 million exports recorded during the same month of last year, showing growth of 126.62 percent, according to the data issued by the State Bank of Pakistan. The commodities that contributed in positive growth included iron and steel, export of which grew from $4.682 million last year to $4.946 million during the period under review, showing increase of 5.63 percent. The exports of iron and steel articles grew by 10.90 percent from $3.319 million to $3.681 million while the exports of copper and its articles also increased by 314.43 percent from $13.439 million to $55.696 million.

During the period under review, the export of aluminum and its articles increased by 126.71 percent, from $2.283 million to $5.176 million whereas the export of other metals increased by 182.19 percent from $0.073 million to $0.206 million, the data revealed.