All posts tagged "export"

Pakistani rice outlets in Russia increased to 53 to export 150,000 tonnes of rice

Steps taken by the current PTI government to increase the country’s exports have started yielding results as Russia has increased the volume...

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Exports to Japan jump by 24.2% to $50.6 million in Q1 despite Covid

Merchandize exports to Japan from Pakistan witnessed an increase of 24.21 percent to reach $50.6 million during the first quarter (Q1) of...

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Govt bans export of perishable food items to contain local prices

Ban ordered by Finance Minister Shaukat Tarin has been imposed on export of perishable items for three months amid fears of an extra spike...

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Pakistan exported 95,991 tonnes of meat worth $333 million in FY21

Pakistan exported 95,991 tonnes (worth $333 million) of meat and meat preparations in FY21 that is an all-time high figure. Managing Director of PK Livestock, Tariq Mehmood Butt...

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Ban on livestock exports causes loss of foreign market

The National Assembly’s Standing Committee on Commerce believes that the livestock ban is causing loss of foreign markets for the exporters. In the...

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Trade gap widens by 133 percent to $4.05 billion in August

During the month of August, the trade gap widened 133 percent to $4.05 billion against $1.740 billion during the same month, last year. This...

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Cargo handling at two major seaports posts double-digit growth in FY21

Cargo handling activities at Karachi Port Trust (KPT) and Port Qasim Authority (PQA) recorded a growth of 25 percent and 13.72 percent in FY21...

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Govt aims to take exports to record high by 2023

Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood on Wednesday said that that the government would take exports to...

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Rs 10 billion fund established for IT industry to enhance tech exports

The government has approved the establishment of a Rs 10 billion fund for providing cash rewards to IT companies against their exports. In a meeting...

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Pakistani exports to United Kingdom up 33 percent

The fiscal year 2020-21 witnessed a big increase in the exports to the United Kingdom by 33% to 2.025 billion as compared...

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Pakistan’s exports to Italy record 49 percent growth

Pakistan’s exports to Italy has recorded a 49 percent growth on a year-on-year basis to $786 million in the outgoing fiscal year...

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Pakistan records 9% rise in regional exports of fiscal year 2021

Pakistan’s exports regional countries saw a growth of 9.14 percent while imports grew by nearly 36 percent in FY21 from a year ago. ...

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Pakistan set to export mobile phones in January 2022

Pakistan is going to export mobile phones in January 2022 as Chinese company is setting up a mobile phone manufacturing factory in Karachi, announced Razak Dawood. On...

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Pakistan will start exporting ventilators this year

Minister for Information and Broadcasting Fawad Chaudhry on Tuesday said that Pakistan will hopefully start exporting ventilators this year. The announcement was...

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Pakistan fourth largest rice exporter in world

Pakistan is the fourth largest rice exporter in the world and is a source of earning foreign exchange as Pakistan exports more...

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Pakistan launching Salt project worth $750 million in Gwadar

Pakistan is launching the Sun Salt project worth $750 million in Gwadar, Balochistan, the first phase of which after completion will bring...

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Pakistan hopes to achieve mango export target of 150,000 tonnes

More than 50,000 tonnes of mangoes have been exported during the first five weeks (May 25 to June 30) of the season as Pakistan hopes to...

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Exports to regional countries rise 6 percent in 11 months

Exports of Pakistan to nine regional countries witnessed a growth of 6.23 percent in 11 months of the outgoing fiscal year. According...

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47% growth seen in Pakistan’s IT exports from July-May in fiscal year 2020-21

According to figures given by the State Bank of Pakistan, Pakistan’s IT exports increased by 47% from July to May in fiscal...

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Textile and clothing exports jump to $13.7 billion in eleven months

Pakistan’s exports of textile and clothing rebounded during July 2020 to May 2021 mainly due to value-added sectors and posted a robust growth of 19% as...

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Exports increase by 14 percent in Jul-May 2021

The exports from Pakistan has witnessed an increase of 13.97 percent during the first 11 months of the current fiscal year (11MFY21). ...

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Pakistan to allocate Rs 330 billion for power subsidies during the next fiscal year

The Ministry of Finance is expected to allocate Rs 330 billion for power subsidies, equivalent to 60% of the estimated needs of the next...

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Pakistan’s exports to Australia have increased by 30pc, says Australian envoy

In a webinar meeting, Australian High Commissioner Dr Geoffrey Shaw announced the increase of Pakistan’s exports to Australia by 30 percent. On...

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Trade deficit widens by 21.6 percent to $23.8 billion in 10 months

The trade deficit of the country widened by 21.6% to $23.83 billion in the 10 months of the fiscal year 2020-21 which...

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Industrial sector to cut 15-20 percent jobs after Eid

Industrialists are going to slash 15-20% jobs after Eidul Fitr in the wake of slowdown in industrial production amid difficult condition of...

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Pakistan’s exports reach decade-high of $2.3b in March

Pakistan’s exports have reached a decade-high of $2.3 billion in March 2021, monthly figures showing growth year-on-year and over the previous month. The...

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Pakistan’s exports slump 22pc in the region

The Pakistan’s exports to different regional countries, including Afghanistan, China, Bangladesh, Sri Lanka, Iran, Nepal, Bhutan, and the Maldives have come down during the eight...

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Textile exports increase 8.23 percent to $8.765 billion in 7 months; 10.79 percent in Jan

Textile exports witnessed an increase of 8.23 percent during the first seven months of the current fiscal year and increased 10.79 percent...

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Pakistan’s exports to UK increase 22% to touch $1bn mark in first half

Exports of Pakistan to the United Kingdom (UK) has increased by 22% and crossed one billion dollars in six months, despite the...

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For first time in 8 years, exports cross 2bn mark in 4th consecutive months

Exports of Pakistan had maintained growth and for the first time in eight years have crossed the $2 billion mark for the fourth consecutive month. Commerce Adviser Razak Dawood called it...

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Pakistan can increase IT exports to $10 Billion: OICCI report

According to study by the Chamber of Commerce and Industry for Overseas Investors (OICCI), Pakistan has the capacity to raise its IT...

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Textile exports increased by 7.79 percent to $7.442 billion in July-December

Textile exports of Pakistan have reached a historic high as the exports during December 2020 has increased by 22.72 percent. Moreover, textile...

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Pakistan earns $121.890 million from export of travel services in four months

During the first four months of the current financial year 2020-21, Pakistan has earned $121.980 million from the export of different travel...

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Exporters facing big difficulty as seaport overburdens

Cement exporters are facing big problems for exporting their product due to the import of sugar, wheat, and canola on a priority...

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‘Pakistan’s export growth indicates its efficient economic policy’

Chinese professor, Cheng Xizhong, says Pakistan’s substantial export growth is a vindication of the govt’s policy to keep economy running during pandemic....

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Sri lanka increases regulatory duty on Kinnow import from Pakistan

Pakistani fruit exporters are facing turmoil as the Sri Lankan government has increased the regulatory duty on the import of Kinnow from...

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Traders end self-ban to resume onion export as prices drop 50pc

Traders have decided to end the self-ban and restart onion export from tomorrow, November 27, 2020, after prices stabilised in the country...

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Pakistan exports to UK increase by 30pc, imports down by 23pc

As compared to October 2019, Pakistan exports to UK raised 30 percent amounting to $200 million from $154 million. A news report...

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Textile exports increase 2.92%, non-textile exports contract 5.6% in first quarter

The exports of textile commodities witnessed an increase of 2.92 percent while non-textile exports shrank 5.63 percent during the first quarter (Q1)...

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Pakistani cotton yarn export to China rise over four times

The export of Pakistani cotton yarn to China has increased by 4.36 times to $41.836 million in August from the same period...

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US, UK and China remain top export destinations for Pakistan during August

US is still the biggest export destination for Pakistan during August 2020, followed by United Kingdom (UK), China and UAE. In August...

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Marble industry seeks govt support to boost exports, jobs

On Tuesday, the All Pakistan Marble Industries Association sought the support of the government for the development of the marble industry that...

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Cotton prices increased as Pakistan receive bulk foreign orders post Covid-19

There is a spike in cotton prices as Pakistan is among the world’s top recipients of foreign orders post Covid-19 shutdown. The...

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Pakistan posts current account surplus for the second month

On Wednesday, the State Bank of Pakistan released data about Pakistan’s current account balance which is still in surplus for the second...

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Exports, tax revenue has increased as COVID-19 wanes in Pakistan, says Hafeez Sheikh

On Monday, Advisor to Prime Minister on Finance Abdul Hafeez Sheikh said that FBR revenue has improved and there has been an...

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PM Imran announces $424mn current account surplus for July

Pakistan’s current account swung into a surplus of $424 million for July, which is the fourth monthly surplus since last October, announced...

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Made in Pakistan Initiative: Pakistan approves export of N95, surgical masks

In a yet another boost to the Made in Pakistan initiative, Pakistan has allowed the export of locally manufactured N95 & Surgical...

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After months of downfall, Pakistan exports grow 5.8 percent in July

The exports of Pakistan which were at a downfall for a gap of 4 months from March due to COVID-19 lockdown have...

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Pakistan receives first Afghan export since pandemic began

Pakistan received the first Afghan export via three major border points after nearly three months since the COVID-19 pandemic hit the country. After almost 3 months of coronavirus pandemic, Pakistan received...

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