In a noteworthy development for Pakistan’s economy, the nation has recorded a remarkable increase in its export figures, reaching $30.66 billion in the last financial year. This represents an impressive growth rate of 10.65%, highlighting the country’s robust trade performance.
A standout performer was the food sector, which saw exports reach an all-time high of $7.36 billion. This surge was driven by a significant 46% rise in the export of key items such as rice, fruits, vegetables, meat, spices, and oilseeds.
The textile sector, a critical pillar of Pakistan’s economy, also contributed to the positive trend. Textile exports exceeded $16.65 billion, marking a modest increase of 0.93%. Additionally, the chemical sector experienced an 8% boost, with exports totaling around $1.5 billion. Notably, cement exports surged by a substantial 40.36%, reaching $266.5 million.
These encouraging export figures underscore the resilience and diversification of Pakistan’s economy. The substantial growth across various sectors is a testament to the effectiveness of the government’s efforts to enhance trade policies and promote export activities.
This impressive performance in export growth reflects Pakistan’s continued progress in strengthening its global trade presence and economic stability.
