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Pakistan’s exports recorded at whopping Rs3,359,862 million

The latest report from the Pakistan Bureau of Statistics (PBS) stated that Pakistan exports during the first ten months of the current fiscal year improved by 16.57 per cent as compared to the corresponding period of last year.

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Pakistan’s exports recorded at whopping Rs3,359,862 million
GNN Media: Representational Photo

In terms of Pakistani rupees, the exports from the country during July-April (2020-21) were recorded at Rs3,359,862 million as against Rs2,882,285 million during the corresponding period of last year.

During April, the exports from Pakistan amounted to Rs339,618 million, as against Rs368,925 million in March 2021 and Rs157,075 million during April 2020, showing a decrease of 7.94 per cent over March 2021 but an increase of 116.21 per cent over April 2020.

Main commodities of exports during April, 2021 were knitwear (Rs52,842 million), readymade garments (Rs37,296 million), bed wear (Rs36,665 million), cotton cloth (Rs24,857 million), rice others (Rs18,761 million), cotton yarn (Rs15,726 million), towels (Rs12,950 million), basmati rice (Rs10,255 million), madeup articles, excluding towels & bedwear (Rs9,460 million) and fish and fish preparations (Rs7,329 million).

On the other hand, the imports during July–April (2020-2021) totalled Rs7,181,318 million as against Rs5,960,972 million during the corresponding period of last year, showing an increase of 20.47 per cent.

Imports into Pakistan during April 2021 amounted to Rs805,180 million as against Rs.878,602 million in March 2021 and Rs526,448 million during April 2020 showing a decrease of 8.36 per cent over March 2021 but an increase of 52.95 per cent over April 2020.

The main commodities of imports during April, 2021 were petroleum products (Rs. 64,005 million), petroleum crude (Rs58,790 million), natural gas, liquefied (Rs45,117 million), palm oil (Rs43,055 million), plastic materials (Rs40,717 million), electrical machinery & apparatus (Rs27,084 million), iron & steel (Rs25,939 million), motors cars (CKD/SKD) (Rs24,734 million), iron & steel scrap (Rs24,394 million) and medicinal products (Rs23,873 million).

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