Charter of the Economy Table 16.3: Annual Growth Rate of Major Export Items –(%) 1999-2000 to 2009-10 2009-10 to 2019-20 Rice 14.0-0.1 Fruits and Vegetables 25.4 15.9 Cotton Yarn 2.9-2.0 Cotton Fabrics 5.0 2.1 Knitwear 6.9 5.3 Bedwear 9.0 3.3 Readymade Garments 5.0 7.8 Sports Goods 0.7 6.2 Leather and Products 8.6-0.5 Chemicals and Pharmaceuticals 20.0 5.6 Share of Total Exports(%) 75.5 73.4 Source: PES Level of Exports 2019-20 ($ million) 2527 498 1140 2115 3234 2489 2949 306 906 1171 70.0 The decline in the growth rate of total exports has already been highlighted. This is the case with eight out of the ten items. Two items, namely, readymade garments and sports goods have shown faster growth. Both are produced by SMEs or have links with SMEs and are more labor-intensive in nature. The fastest growing export has been of fruits and vegetables, followed by readymade garments. Exports of rice, cotton yarn and leather goods have witnessed some decline in the last decade. Overall, the combined share of these items in total exports has declined from over 75 percent to 68 percent since 1999-2000. This indicates the presence of some promising emerging exports which will help in further diversification of the export base of the country and contribute to less volatility in exports. Some of these items which have already reached a level of exports in 2018-19 of more than $200 million are identified below in Table 16.4. Table 16.4: Emerging Exports of Pakistan in 2018-19 Primary Commodities Exports Mineral Products Meat 243 Salt, Sulphur, Limestone Mineral Fuels* Prepared Food Stuffs Plastics and Articles Sugar** 340 Base Metals Beverages, Spirits& Vinegar 439 Copper TOTAL Share ($ million) Exports 520 675 414 277 2908 12% *essentially by-products of the refining process, subject to big fluctuations|**artificial export surplus 156