Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood said on Friday, Pakistan’s exports rose 18.7 percent to $2.546 billion, from $2.145 billion in January 2021.
And in a series of tweets, he claimed exports increased 24% in the first seven months of the current fiscal year (July-January 2022) to $ 17.671 billion, up from $ 14.255 billion the previous year.
“There has been a downward trend in monthly imports,” Razak said. The country’s imports fell 22% to $ 5.908 billion in January 2022, compared to $ 7.58 trillion in December 2021 and $ 4.803 billion in January 2021.
Earlier, PTI Senator Faisal Javed Khan said textile exports had hit a record $ 1.55 billion in January 2022.
Pakistan has already overtaken India and Bangladesh in exporting textiles to the United States (USA) and European countries.