In first half of current financial year country's exports increased by 25%: Abdul Razak Dawood

Islamabad: Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood said that the country's exports increased by 25% in the first half of the current financial year.

Trade adviser revealed in a series of tweets that early indications are that the growth in imports has started to decrease. Imports during Dec 2021 decreased to USD 6.9 billion as compared to USD 7.9 billion in Nov 2021. This is a decrease of USD 1 billion. The import projection for Dec 2021 was USD 6.2 billion.

He said in another tweet that turning to exports, MOC would like to share that during Dec 2021, Pakistan’s exports increased by, 16.7% to USD 2.761 billion as compared to USD 2.366 in Dec 2020. The Export Target for the month was USD 2.8 billion.

Abdul Razak Dawood further said that during the first half of the current FY (Jul-Dec 2021), exports increased by 25% to USD 15.125 billion as compared to USD 12.110 billion during Jul-Dec 2020. The Export Target for first half of this FY was USD 15 billion.