Pakistan Secures US Approval for Seafood Exports, Eyes $600 Million Market ISLAMABAD – Pakistan has received a major boost in its seafood sector after securing a U.S. permit that recognizes the country’s fisheries meet international quality standards. The approval ensures that Pakistani seafood can continue to flow uninterrupted to one of the world’s most significant […]
According to the General Administration of Customs of the People’s Republic of China (GACC), industrial salt exports from Pakistan have surged, totalling $3.74 million between January and June 2025, marking a 33% rise compared to $2.84 million during the same period in 2024. The total export volume approached 23.94 million kilograms, with an average unit […]
ISLAMABAD – Pakistan’s cement industry posted a significant export growth of 23.75% during the fiscal year 2024-25, reaching $329.795 million, up from $266.516 million in the previous year, according to the Pakistan Bureau of Statistics (PBS). In terms of volume, cement exports also jumped by 28.71%, rising from 7.08 million metric tons in FY2023-24 to […]
Pakistan’s Trade Deficit Grows as Exports Miss Target According to the Pakistan Bureau of Statistics, the country earned $32.106 billion from exports in the year 2024-25. This is slightly less than the government’s target of $32.341 billion. On the other hand, imports cost the country $58.38 billion, which is more than the target of $57.283 […]
Turkey’s defence sector, including the famous Bayraktar drones, accounts for a significant share of the country’s export revenues. “As part of the agreement signed with our friendly and brotherly country, Indonesia, 48 Kaan (fighter jets) will be produced in Turkey and exported to Indonesia,” Erdogan wrote on X. The fifth-generation fighter jet Kaan is produced […]
At a WTO ministerial meeting in France, Commerce Minister Wang Wentao reiterated China’s stance on upholding a multilateral trading system and said WTO has the country’s backing for a more important role in global economic governance. China’s decision in April to suspend exports of a wide range of critical minerals and magnets has upended the […]
Over 151,787 metric tons of fish and fish products valued at $322.906 million were exported during the period from July-March 2024-25 as compared to the 145,671 metric tons worth of $289.568 million of the same period of last year, according the data of the Pakistan Bureau of Statistics. Meanwhile, meat and meat products exports during […]
The world’s largest importer of weapons after Ukraine is expanding the ability of the state-owned Export-Import Bank (EXIM) to offer long-term, low-cost loans to clients, including those whose political or credit risk profiles may limit their access to conventional financing, according to two Indian officials and three industry sources. New Delhi will also sharply increase […]
The Inspur units were listed for contributing to the development of supercomputers for the Chinese military, the Commerce Department said in a posting. Five of the subsidiaries are based in China, and one is based in Taiwan. Inspur Group itself was placed on the list in 2023. The Inspur units are among about 80 companies […]
In an interview with a Saudi Arabian media outlet, the minister said that over the past 12-14 months, Pakistan has made significant progress in economic development, According to the minister, the government has taken key decisions to curb inflation and interest rates, stabilize foreign exchange reserves, and accelerate the privatization process. The government is committed […]