Pakistan Posts 12.57% Export Growth During 5MFY25

Pakistan Posts 12.57% Export Growth During 5MFY25

| 04-Dec-2024

Pakistan exports surged by 12.57% during the first five months of the fiscal year 2024-25 (July to November), reaching $13.69 billion, according to data released by the Pakistan Bureau of Statistics (PBS) on Monday. This marks a notable increase compared to $12.16 billion recorded in the corresponding period of the previous fiscal year.

The improved export performance reflects increased demand for key Pakistani products in international markets. Textile goods, pharmaceuticals, and food items were among the sectors driving this growth. Exporters have also benefited from favorable government policies and a relatively stable exchange rate during the period.

On the import side, Pakistan’s import bill rose by a modest 3.90%, totaling $22.34 billion during the July-November period compared to $21.50 billion in the same period last year. The increase in imports was attributed to higher energy prices and raw material procurement for domestic industries.

About Us

This website has been developed with good faith to create facilities for the people.Your ID Password and access to our website is for a specific period or temporary, it may be suspended at any time without telling any reason.Your ID Password or access does not create any your rights or liability onto owner of the website.

Contact

Office # 3-6, Ground Floor Idrees Chamber ,Talpur Road Karachi

info@taxhelpline.com

+ 92 314-4062161

021-32462161

+ 92 305-2561915

© 2023 Copyright: Taxhelpline.com