Pakistan Shows Major Progress in Exports to Major Countries
The commerce adviser hailed the manufacturers over the performance despite hindrances created by the covid-19 pandemic
The Adviser to Prime Minister on Commerce, Industries and Production, and Investment Abdul Razak Dawood shared the impressive progress of Pakistan in exports to major countries in the fiscal year 2020-2021 (FY21).
In a tweet, the adviser shared that the exports have done quite well in the major markets.
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During FY21, the exports to China grew by 34% or $586 million.
Abdul Razak told that the exports to the northern neighbor remained $2.33 billion compared to $1.74 billion last fiscal year.
Similarly, the adviser shared that the exports to Germany during FY21 swelled by 19% to $1.5 billion from $1.3 billion last year.
over previous FY’s $ 1.3 billion. The exports to the Netherlands increased by 23% to $1.2 billion as compared to the previous FY’s $1 billion. Our exports to Poland increased by 28% to $ 308 million FY 2020-21 as compared to $ 241 million FY 2019-20.
— Abdul Razak Dawood (@razak_dawood) July 6, 2021
Further, the adviser said the exports to the Netherlands increased by 23% to $1.2 billion in comparison with $1 billion previous year.
Pakistan’s exports to Poland rose by 28% to $308 million in the outgone fiscal year which was previously $241 million last year.
The commerce adviser hailed the manufacturers over the performance despite hindrances created by the covid-19 pandemic. “They deserve credit for it”, Abdul Razak Dawood mentioned in his tweet.
He also commended the efforts of the officials of the trade and commerce ministry.