Pakistan’s current account has posted a surplus for the third consecutive month driven by robust growth in remittances and exports. The current account posted a deficit of $287 million in October 2023, the SBP reported. In the first four months of the previous fiscal year, the current account deficit stood at $1.528 billion, highlighting a […]
TDAP is providing subsidized stalls to increase the exports of suiting, casual wear, ladieswear, sportswear/functional fabrics, shirting, denim, children & infant wear, swimwear & lingerie, knitwear, knitted fabrics, weaving, hosiery socks, apparel textiles, home fabrics, bed linen & blankets, bathroom textiles, kitchen textiles, curtains, furniture & upholstery, carpets, wall coverings, textile processing, textile machinery, and […]
The pharmaceutical exports from the country were recorded at US $105.936 million during July-September (2024-25) against the exports of US $80.796 million during July-September (2023-24), according to the latest figures released by the Pakistan Bureau of Statistics (PBS). Meanwhile, year-on-year basis, the pharmaceutical exports witnessed an increase of 61.55 percent during the month of September […]
“These parks are expected to not only generate employment opportunities for IT professionals but also attract millions of dollars in valuable foreign exchange, boost the IT industry, and increase exports once they are completed and fully operational,” said an official of the Ministry of Information Technology. He said the foundation stone of an IT park […]
The textile exports from the country were recorded at US $4.520 billion during July-September (2024-25) against the exports of US $4.127 billion during July-September (2023-24), the Pakistan Bureau of Statistics (PBS) said. The textile commodities that contributed to trade growth included cotton cloth the export of which increased by 10.20 percent to $523.63 million from […]
The overall exports to the US were recorded at US $949.855 million during July-August (2024-25) against exports of US $934.666 billion during July-August (2023-24), SBP data revealed. On a year-to-year basis, the exports to the US decreased to $473.838 million in August 2024 against the export of $494.774 million in August 2023. Meanwhile, on a […]
Positive economic development: in January, Pakistan’s goods exports increased significantly for the fifth consecutive month, hitting a record high not seen in 17 months. This upward trend represents a significant acceleration of export-driven industrial expansion. Data from the Ministry of Commerce shows that overall export revenue in January increased to $2.78 billion, a stunning 27% […]
Pakistan’s exports have increased to $2.345 billion in March 2021; according to the provisional figures by the Ministry of Commerce, said Adviser to Prime Minister on Commerce and Investment, Abdul Razak Dawood, on Thursday. He took to Twitter and announced, “Ministry of Commerce is glad to share that according to provisional figures; in March 2021 […]
Pakistan’s exports have crossed the $US 2bn mark, for the fourth time in a row, according to monthly export data provided by the Pakitan Bureau of Statistics(PBS). A consultative meeting was held to review the provisional (pre-PBS) trade data till January 2021 by the Adviser to Prime Minister on Commerce and Investment, Abdul Razaq Dawood, via […]
