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.
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