Pakistan’s exports grow 33% in November

KARACHI: Pakistan’s exports in November surpassed the target $2.6 billion set by the government for the month, an adviser to the Prime Minister tweeted on Wednesday.

Adviser to the Prime Minister on Commerce and Trade Razak Dawood said that Pakistan’s exports during November reached the historic monthly high of $2.903 billion, up by 33 per cent compared to $2.174 billion in the same month last year.

The exports in the first five months of the current financial year, also surpassed the target of $12.2 billion set by the government, recording an increase of 27 per cent to reach $12.365 billion, compared to $9.747 billion during the same period last year.

Pakistan’s exports in the previous month of 2021 grew 17.5 per cent to $2.471 billion, compared with $2.104 billion in October 2020.

For the period July-October 2021, exports grew 25 per cent to $9.468 billion, compared with $7.576 billion during July-October 2020. The target for July-October 2021 was $9.6 billion.