Pakistan’s trade deficit widened by 17.5 percent during the first eleven months of fiscal year 2025-26, reflecting continued pressure on the country’s external sector as exports declined while imports increased. Read More: Pakistan trade deficit reaches $34.76 billion According to data released by the Pakistan Bureau of Statistics, the goods trade deficit reached $34.76 billion during […]
Exports
Young exporters stress budget reforms to boost exports
Young Exporters Association Chairman Shoaib Ayub Battalvi called for urgent structural reforms in the federal budget 2026-27 to accelerate exports, fortify foreign exchange reserves and place Pakistan’s economy on a path to sustainable growth. In a media statement issued here Monday, Battalvi said that expanding exports was the need of the hour, as a robust […]
Seafood exports cross $500m milestone for first time
Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry on Saturday announced that the country’s exports of fish and fisheries products have surpassed the $500 million mark for the first time, calling it a landmark achievement for the maritime sector and the blue economy. The minister said the government’s target of $500 million for the […]
Pakistan’s exports to US up by 2% to $4.63bn
Pakistan’s export of goods and services to the United States (US) witnessed an increase of 2 per cent during the first nine months of the current fiscal year (2025-26) as compared to the exports of the corresponding period of last year, State Bank of Pakistan (SBP) reported. The overall exports to US were recorded at […]
Potato exports hold steady at 248,000 tonnes
Pakistan exported approximately 248,000 tons of potatoes during the July-January period of FY2025-26, maintaining a stable presence in international markets despite shifting trade conditions. In value terms, exports stood at around $56 million, according to official data available with Wealth Pakistan, reflecting consistent demand and supply continuity during the period. The United Arab Emirates emerged […]
PM for boosting gemstones exports using local resources
Prime Minister Muhammad Shehbaz Sharif, Monday said that Pakistan had been blessed with abundant natural resources, including precious stones, and stressed that the sector offered strong potential to increase exports using local resources. The prime minister chaired a high-level review meeting focused on aligning Pakistan’s gemstone mining and processing sector with international standards and enhancing […]
Exports to major EU markets slow down amid ME conflict despite GSP+ status
Pakistan’s exports to major Western and Northern European markets have recorded negative growth in the first nine months of the current fiscal year compared with a year ago, despite the continuation of the Generalised Scheme of Preferences (GSP+) status, raising concerns about weakening demand for Pakistani goods. The development comes against the backdrop of a […]
Formalisation key to boost exports, tax revenue: minister
Federal Minister for Commerce Jam Kamal Khan said that Pakistan’s exports will remain constrained unless the country’s large informal sector is brought into the formal economy, stressing that formalization would not only enhance export growth but also increase tax revenues and improve the overall quality of manufacturing. He expressed these views during a meeting with […]
Pakistan’s electric fan industry seeks policy support to boost value-added exports
Representatives of Pakistan’s electric fan industry have called for targeted policy interventions to strengthen exports, improve value addition, and promote energy-efficient technologies during a meeting with Finance Minister Muhammad Aurangzeb. Read More: Electric fan industry seeks policy support to boost exports The discussion, held in Islamabad, brought together stakeholders from the Federation of Pakistan Chambers of Commerce and […]
Electric fan industry seeks policy support to boost exports
ISLAMABAD: Pakistan’s electric fan industry has called for targeted policy interventions to enhance value-added exports and reduce the outflow of raw materials, during a meeting with Finance Minister Muhammad Aurangzeb. Read More: Pakistan launches $3.5 billion fan replacement programme Representatives from the Federation of Pakistan Chambers of Commerce and Industry and the Pakistan Electric Fan Manufacturers Association […]