For the first time in history, Pakistani exports to cross $31 billion

[Zibago]

For the first time in history, Pakistani exports to cross $31 billion
4 Apr, 2022​

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ISLAMABAD:The exports from the country witnessed an increase of 24.67 percent during the first nine months of the current fiscal year (2021-22) as compared to the corresponding months of last year, Pakistan Bureau of Statistics (PBS) reported.
According to PBS data, the exports from the country were recorded at $23.298 billion during July-March (2021-22) against the exports of $18.687 billion recorded during July-March (2020-21), showing growth of 24.67 percent.
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The imports during the months under review also went up by 48.63 percent by growing from $39.489 billion last year to $58.691 billion in July-March (2021-22).

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Based on the data, the trade deficit during the period under review was recorded at $35.393 billion, showing an increase of 70.14 percent over the deficit of $20.802 billion recorded during July-March (2020-21), the PBS data revealed.
Meanwhile, on year-on-year basis, the exports of the country increased by 15.91 percent during March 2022 as compared to the exports of same month of last year. The exports during March 2022 were recorded at $2.740 billion against the exports of $2.364 billion in March 2021, the data revealed.

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The imports into the country increased from $5.631 billion in March 2021 to $6.186 billion in March 2022, showing growth of 9.86 percent.
On month-on-month basis, the exports from the country witnessed negative growth of 2.84 percent during March 2022 as compared to the exports of $2.820 billion recorded during February 2022.
On the other hand, the imports into the country during March 2022 witnessed increase of 4.72 percent as compared to the imports of $5.907 billion in February 2022, according to the PBS data.

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Meanwhile, former Spokesperson to the Finance Minister, Muzzammil Aslam said in a tweet that wonderful news despite the higher oil, Liquefied natural gas (LNG) and coal prices, import bill still well managed for the month of March at $6.19 billion.
He said that exports first time making a history to cross $31 billion.

For the first time in history, Pakistani exports to cross $31 billion

ISLAMABAD:The exports from the country witnessed an increase of 24.67 percent during the first nine months of the current fiscal year (2021-22) as compared to

timesofislamabad.com

 

[Dark-Silence]

Good Post, while everyone is busy in politics, no one cares for the economy.

 

[Peaceful Civilian]

Great news. We should try to cross 40 billion $ . Just need consistency in policies

 

[AZ1]

@Waterboy

 

[MultaniGuy]

Mash'Allah. Good news.

 

[jamal18]

Good Post, while everyone is busy in politics, no one cares for the economy.

You mean if the politicians keep their hands off the economy, the economy will prosper?

 

[Maula Jatt]

You mean if the politicians keep their hands off the economy, the economy will prosper?

probably true

 

[AZADPAKISTAN2009]

Congratulations to Pakistani people and Government of Pakistan in last 3.5 years

 

[LeGenD]

USA, China, UK top 3 destinations of Pakistani exports during 8 months

The United States remained the top export destinations of Pakistani products during the first eight months of financial year (2021-22), followed by China and United Kingdom (UK).

Total exports to the USA during July-February (2021-22) were recorded at $4410.593 million against the exports of $3079.375 million during July- February (2020-21), showing growth of 43.23 per cent, according to State Bank of Pakistan (SBP).

This was followed by China, wherein Pakistan exported goods worth $1841.113 million against the exports of $1165.949 million last year, showing increase of 57.90 per cent.

UK was the at third top export destination, where Pakistan exported products worth $1472.599 million during the months under review against the exports of $1308.686 million, showing growth of 12.52 per cent, SBP data revealed.

Among other countries, Pakistani exports to UAE stood at $1180.538 million against $944.576 million during last year, showing an increase of 24.98 per cent while the exports to Germany were recorded at $1131.971 million against $989.878 million last year, the data said.

During July- February (2021-22), the exports to Holland were recorded $916.795 million against $715.361 million whereas the exports to Italy stood at $651.691 million against $483.830 million.

Pakistan’s exports to Spain were recorded at $699.382 million against the exports of $512.644 million while the exports to Afghanistan were recorded $295.866 million against $ 629.787 million last year.

The exports to Bangladesh stood at $559.118 million against $375.669 million, showing growth of 48.83 per cent, according to SBP.

Similarly, the exports to France during the months under review were recorded at $334.009 million against $287.618 million while the exports to Belgium stood at $459.587 million against $357.658 million.

Pakistan’s exports to Saudi Arabia were recorded at $260.260 million during the current year compared to $326.668 million last year whereas the exports to Canada stood at $255.500 million against $192.843, to Malaysia $268.693 million against $127.265 million.

Overall Pakistan’s exports to all other countries witnessed an increase of 28.11 per cent in eight months, from $16.092 billion to $20.616 billion, the SBP data revealed.

USA, China, UK top 3 destinations of Pakistani exports during 8 months

The United States remained the top export destinations of Pakistani products during the first eight months of financial year (2021-22), followed by China and United Kingdom (UK).Total exports to t

profit.pakistantoday.com.pk

 

[MultaniGuy]

USA, China, UK top 3 destinations of Pakistani exports during 8 months

The United States remained the top export destinations of Pakistani products during the first eight months of financial year (2021-22), followed by China and United Kingdom (UK).Total exports to t

profit.pakistantoday.com.pk

I hope the bulk of our exports go to China and Taiwan.

 

[Luosifen]

China is a given, but you should also expand trade with ASEAN, the African Union, Latin America, anyone you can find an opportunity really. Sometime in the future when Pakistan becomes more prosperous, Pakistan can change from a borrower into a lender, just as China did

 

[maverick1977]

any other sources verifying this news ?

 

[313ghazi]

China is a given, but you should also expand trade with ASEAN, the African Union, Latin America, anyone you can find an opportunity really. Sometime in the future when Pakistan becomes more prosperous, Pakistan can change from a borrower into a lender, just as China did

Exactly. The big markets will always be important, but we need to export to a wider variety of countries.

India is on our doorstep. Indonesia, far east, Middle East, North and East Africa, central Asia.

All places with huge populations. They all need stuff, we should not only be exporting things,but also developing and exporting brands.

See how many people we can get wearing servis trainers.

 

[mhosein]

For the first time in history, Pakistani exports to cross $31 billion​

4 Apr, 2022​

SHARES​

ISLAMABAD:The exports from the country witnessed an increase of 24.67 percent during the first nine months of the current fiscal year (2021-22) as compared to the corresponding months of last year, Pakistan Bureau of Statistics (PBS) reported.
According to PBS data, the exports from the country were recorded at $23.298 billion during July-March (2021-22) against the exports of $18.687 billion recorded during July-March (2020-21), showing growth of 24.67 percent.
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by Taboola
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The imports during the months under review also went up by 48.63 percent by growing from $39.489 billion last year to $58.691 billion in July-March (2021-22).



Based on the data, the trade deficit during the period under review was recorded at $35.393 billion, showing an increase of 70.14 percent over the deficit of $20.802 billion recorded during July-March (2020-21), the PBS data revealed.
Meanwhile, on year-on-year basis, the exports of the country increased by 15.91 percent during March 2022 as compared to the exports of same month of last year. The exports during March 2022 were recorded at $2.740 billion against the exports of $2.364 billion in March 2021, the data revealed.



The imports into the country increased from $5.631 billion in March 2021 to $6.186 billion in March 2022, showing growth of 9.86 percent.
On month-on-month basis, the exports from the country witnessed negative growth of 2.84 percent during March 2022 as compared to the exports of $2.820 billion recorded during February 2022.
On the other hand, the imports into the country during March 2022 witnessed increase of 4.72 percent as compared to the imports of $5.907 billion in February 2022, according to the PBS data.


Meanwhile, former Spokesperson to the Finance Minister, Muzzammil Aslam said in a tweet that wonderful news despite the higher oil, Liquefied natural gas (LNG) and coal prices, import bill still well managed for the month of March at $6.19 billion.
He said that exports first time making a history to cross $31 billion.

For the first time in history, Pakistani exports to cross $31 billion

ISLAMABAD:The exports from the country witnessed an increase of 24.67 percent during the first nine months of the current fiscal year (2021-22) as compared to

timesofislamabad.com

For the first time in history, Pakistan has a leader (still alive, may Allah protect Imran Khan) who is honest, trustworthy, one with integrity and dignity, still serving Pakistan.

If Pakistanis had even an ounce of integrity and faith in them, they would unite against the scum like zardari, nawaz, bilawal, shabaz, fazlur rahman, maryam and their gangsters.

Peace doesn't come for free and Imaan doesn't come without waging a struggle against oppression and tyranny.

Time to stand and fight, brothers and sisters.

 

[FFMM]

For the first time in history, Pakistan has a leader (still alive, may Allah protect Imran Khan) who is honest, trustworthy, one with integrity and dignity, still serving Pakistan.

If Pakistanis had even an ounce of integrity and faith in them, they would unite against the scum like zardari, nawaz, bilawal, shabaz, fazlur rahman, maryam and their gangsters.

Peace doesn't come for free and Imaan doesn't come without waging a struggle against oppression and tyranny.

Time to stand and fight, brothers and sisters.

we lost our battle against corruption, may allah be With us