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Pakistan Exports Record Double-Digit Growth: Dawn

Reasons for growth include depreciation of the rupee and greater demand from the international market, according to commerce ministry


Workers process textiles in a factory in Faisalabad. Photo: AFP

 

Pakistan’s exports of eight sectors, including value-added textiles, posted double-digit growth in the first four months of fiscal 2021-22 compared with the same period a year ago, Dawn reported.

According to data compiled by the Ministry of Commerce, growth in value-added sectors contributed to an increase in overall exports. The reasons for growth include depreciation of the rupee and greater demand from the international market.

In absolute terms the exports of eight key products reached $5.63 billion between July and October this year against $4.37 billion over corresponding months of last year, indicating growth of 28.6%.

Read the full report: Dawn

 

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

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