Razak says exports grow 27% to $2.4bn in September

In a series of tweets on Monday, he said that according to the provisional figures for export of goods for the first quarter of FY2021-22, the exports have increased by 28% to $6.99 billion as compared to $5.47 million in Q1 of FY2020-21.

“This has been due to [the] hard work of our exporters and they deserve praise for this accomplishment,” he wrote on Twitter, adding that import figures are being analysed in consultation with other government departments and would be released shortly.

It is pertinent to mention here that earlier in August 2021, exports grew by 43% to $2.257 billion compared to $1.584 billion in August 2020, though the growth was affected by shipment delays caused by heavy rains.

The adviser had urged exporters to double their efforts to market exports in order to achieve our target.