Pakistan’s export sector thrives, hits $16.5bln with 10.52% growth
MNP – Exports from Pakistan have experienced a remarkable uptick, reaching $16.5 billion in the first six months of fiscal year 2024-25, marking a robust 10.52% growth compared to $14.9 billion during the same period last year, official figures revealed.
The surge in export figures demonstrates the country’s ability to foster economic stability through strategic measures and government initiatives to bolster external trade. The trade performance indicates a promising trajectory for Pakistan’s foreign trade sector, reflecting both resilience and proactive economic policies.
In December 2024, Pakistan’s exports reached $2.841 billion, showing a modest 0.28% increase over the previous month. The increase signals the ongoing momentum in the export sector, even as global economic uncertainties persist. Over the July-November period, total exports amounted to $13.6 billion, exhibiting a healthy 12.5% growth rate.
Economic analysts attribute the growth in exports to the government’s sustained stability measures, which has created a more favorable environment for external trade, including incentives for exporters and the expansion of trade agreements.
