Exports of sports items in the first eight months (July–February) of the fiscal year 2022–23 increased by 18.28 percent compared to the exports in the comparable months previous year.
In comparison to the same period last fiscal year, when $ 228.400 million was exported, US 270.158 million was exported of the items.
Footballs saw the largest increase in export value (35.7%) among all goods, from $ 114.521 million in 2017 to $ 155.400 million in 2018.
However, exports of gloves fell from $ 50.615 million in 2016 to $ 47.435 million in 2017 (6.28 percent). Sources report a 6.42 percent uptick in exports of “other sports items” to $ 67.322 million, up from $ 63.263 million the previous year.
Sports items exports observed in different trends
In addition, February 2023 had a year-over-year decline of 20.19 percent in the export of sports items compared to February 2022.
Exports of sporting goods dropped from $ 35.526 million in February 2022 to $ 28.352 million in February 2023. The export of footballs and gloves fell by 23.30 and 33.86 percent, respectively, over the time period under study, while the export of all other products fell by a mere 2.08 percent.
Overall the commodity exports were down 13.10 percent from the previous month, with declines of 11.080 percent and 31.12 percent for footballs and gloves, respectively.
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