Pakistan’s exports to US cross $5 billion for the first time

Pakistan’s exports to the US increased by 39 percent to $5.2 billion during FY2021 as compared to $3.7 billion during FY2020, as announced on Monday by the Adviser to the Prime Minister on Commerce, Abdul Razak Dawood.

We are pleased to inform that our exports to the US during FY 2021increased by 39% to $ 5.2 billion as compared to $ 3.7 billion during FY 2020, an increase of around $1.45 billion.This is the first time in our history that our exports to the US have crossed the $5 billion mark.
— Abdul Razak Dawood (@razak_dawood) July 5, 2021

He tweeted that this shows an increase of $1.45 billion, and said, “This is the first time in our history that our exports to the US have crossed the $5 billion mark”.

His tweet further read: “I commend the efforts of our exporters and our Trade & Investment Officers (TIOs) in the US. I urge our TIOs to provide all possible facilitation to our exporters for enhancing our exports further”.

The trade data released by the Pakistan Bureau of Statistics shows that Pakistan’s exports had grown by 18.11 percent to $25.268 billion during July-June 2020-21 from $21.394 billion against the corresponding period last year.