Pakistani exports surge by 19% in first quarter of 2023

Karachi: Pakistani exports have surged during the first quarter of the current financial year.

Notably, the export of food items has shown a substantial increase, surging by 19% to reach a total value of $1.28 billion.

The growth in exports extends to various sectors, including rice, fruits, vegetables, meat, spices, and sugar.

Furthermore, exports of raw cotton, cotton yarn, surgical instruments, and chemicals have also experienced a boost.

The report indicates that several other product categories, such as plastic products, transport equipment, jewelry, and cement, have contributed to the impressive export figures in the initial three months of the financial year.

However, while exports have been on the rise in numerous sectors, the overall volume of total exports for the period spanning July to September decreased by 6.63%, amounting to $6.91 billion.

Nevertheless, this slight decrease appears to have reversed, with the figures for September indicating a 4.65% increase, bringing the total export value for the month to $2.47 billion.