Pakistan’s exports of textiles, pharmaceuticals show healthy growth

BusinessPakistan’s exports of textiles, pharmaceuticals show healthy growth

ISLAMABAD, Pakistan: Pakistan’s exports of textiles and pharmaceuticals witnessed a healthy growth in July-December 2020, according to the Prime Minister’s Adviser for Commerce and Investment Abdul Razak Dawood.

Sharing the figures of textile export for July-December 2020 on Wednesday, the adviser said that the exports of home textiles increased by 16% to US$ 2,017 million in July-December 2020, reflecting a steady export growth of the textile sector.

Likewise, the exports of readymade garments grew by 25% to US$ 1,181 million and tents/canvas by 57% to US$ 62 million during the said period.Pakistan’s exports of textiles and pharmaceuticals witnessed a healthy growth in July-December 2020, according to the Prime Minister’s Adviser for Commerce and Investment Abdul Razak Dawood. Sharing the figures of textile export for July-December 2020 on Wednesday, the adviser said that the exports of home textiles increased by 16% to US$ 2,017 million in July-December 2020, reflecting a steady export growth of the textile sector. Likewise, the exports of readymade garments grew by 25% to US$ 1,181 million and tents/canvas by 57% to US$ 62 million during the said period. The adviser said that it is even more encouraging to note that the non-textile sector exports are also showing healthy growth. Abdul Razak Dawood said that during July-December 2020, the exports of pharmaceuticals increased by 25% to US$ 138 million, ethyl alcohol (industrial) by 14% to US$ 182 million tobacco & cigarettes by 84.50% to US$ 29 million, and processed food by 120% to US$ 25 million.

The adviser said that it is even more encouraging to note that the non-textile sector exports are also showing healthy growth.

Abdul Razak Dawood said that during July-December 2020, the exports of pharmaceuticals increased by 25% to US$ 138 million, ethyl alcohol (industrial) by 14% to US$ 182 million tobacco & cigarettes by 84.50% to US$ 29 million, and processed food by 120% to US$ 25 million.Pakistan’s exports of textiles, pharmaceuticals show healthy growth

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

PM launches Buna-Raast Connectivity Project to streamline remittances from Arab world to Pakistan

0
ISLAMABAD, Pakistan: Prime Minister Shahbaz Sharif on Thursday launched Buna-Raast Connectivity Project in Islamabad to streamline remittances from the Arab world to Pakistan. The...
Monal Restaurant in Margalla National Park shows how the Superclass manipulates rules in Pakistan

Monal Restaurant in Margalla Hills National Park shows how the Superclass manipulates rules in...

0
Islamabad, Pakistan: The saga of Monal Restaurant in Margalla Hills National Park is a textbook example of how the Superclass manipulates rules to benefit...

USD to PKR: USD Dollar Rate in Pakistan Today – 22 August 2024

0
The US Dollar (USD) was being bought and sold at Rs 279.6 and Rs 280.3 in the Open Market against the Pakistani Rupee (PKR)...

Gold Price in Pakistan Today – 22 August 2024

0
On Thursday (August 22, 2024), the gold rate for one tola of 24-karat in Karachi, Pakistan, is Rs 261,450.000.It's important to note that gold...

Pakistan’s New Envoy to US stresses need for result-oriented diplomacy

0
The newly appointed Pakistani Ambassador to the United States Rizwan Saeed Sheikh has formally assumed his diplomatic responsibilities as Pakistan’s Ambassador to the United...
Advertisement