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In a significant economic development, Pakistan’s exports have reached $30.66 billion in the last fiscal year, representing a robust 10.65% increase. This growth translates to nearly $3 billion in additional export revenue, signaling a strong performance in the country’s international trade.
The food sector emerged as a key contributor, achieving record exports of $7.36 billion. Notable gains were seen in rice, fruits, vegetables, meat, spices, and oilseeds, with exports in these categories rising by 46%.
Textile exports, a cornerstone of Pakistan’s economy, maintained steady growth, reaching $16.65 billion, a slight increase of 0.93% from the previous year.
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The chemical sector also showed positive momentum, with exports climbing 8% to approximately $1.5 billion. Cement exports posted impressive gains, jumping 40.36% to $266.5 million.
These figures underscore the resilience and diversification of Pakistan’s export-oriented industries. The growth across multiple sectors reflects the effectiveness of government policies aimed at enhancing trade and promoting exports.
The export surge is seen as a positive indicator of Pakistan’s economic health and its competitive position in global markets. Analysts suggest that continued focus on export promotion and diversification could further strengthen the country’s trade position in the coming years.
