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Pakistani Export grew 17.5% to $2.47 billion in October FY22

byNews Desk
November 3, 2021
in Business, Economy, Finance
Reading Time: 1 min read
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Pakistan services exports grew over 24% in 4MFY22
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Pakistani Export experienced an increase and grew to 17.5% and reached $2.471 billion in October of the FY2021-2022 as compared to $2.104 billion in October of previous fiscal year 2020-2021.

Announced Adviser to Prime Minister on Commerce Abdul Razak Dawood.

I am pleased to announce that 🇵🇰 exports in Oct 2021 grew by 17.5% to $2.471 billion as compared to $2.104 billion in Oct 2020. This is the highest ever export in any October in our history. Our export target for October 2021 was $2.6 billion.

— Abdul Razak Dawood (@razak_dawood) November 1, 2021

3)during Jul-Oct 2020. About 40% of this increase is investment-driven (Capital Goods, Raw Material & Intermediates) which indicates expansion of industry & enhanced activity by industry.
The remaining 60% of imports comprise Petroleum, Coal & Gas 34%, Vaccines 11%, Food (8%),

— Abdul Razak Dawood (@razak_dawood) November 1, 2021

5)Raw Material & Intermediates USD 2,209 million, Petroleum, Coal & Gas USD 3,364 million, Vaccines USD 1,068 million and all others USD 478 million.@aliya_hamza @mincompk #Pakistan #exports #record

— Abdul Razak Dawood (@razak_dawood) November 1, 2021
Tags: Exports
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A source of economic, political, business, finance, health and sports updates.

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