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

US reopens Kyiv embassy after warning issued following big Ukrainian strike on Russia

US reopens Kyiv embassy after warning issued following big Ukrainian strike on Russia

0
Monitoring Desk: The United States reopened its embassy in Kyiv after it had shut for the day due to what Washington called the "threat...
Moscow says it won’t allow US to silence UNSC on Israeli violence against Palestinians Monitoring Desk: Russian envoy in United Nations Vasily Nebenzya said that the UN Security Council should bring peace, stability and prosperity to the Middle East and Russia would not allow United States to silence UNSC over the issue of Gaza crisis. According to TASS news Agency, Nebenzya said that Moscow will continue to call for an end to violence against Palestinians and will not allow the US to muzzle the UN Security Council as Washington seeks to support Israel's operation in Gaza. "We will continue to stand firmly for ending violence against the Palestinians. Without a shadow of a doubt, we will continue to expose the abuses and sanctimony with which the US is handling the situation. We will not allow the Americans to gag the entire council with their hands in an effort to encourage further continuation of Israel's ruthless operation," he said in a speech at the Security Council.

Moscow won’t allow the US to silence the UNSC on Israeli violence against Palestinians

0
Monitoring Desk: Russian envoy to the United Nations Vasily Nebenzya said that the UN Security Council should bring peace, stability, and prosperity to the...

From Valdai to Margalla Dialogue —- All roads to Civilisations go through Islamabad

0
By Shazia Anwer CheemaThe emergent realities of global security are fundamentally transforming the frame of references and trajectorial approaches toward them. New security architecture...

12 more men in uniform embraced martyrdom for the motherland in Pakistan

0
Monitoring Desk: 12 more men in uniform embraced martyrdom for the motherland in Pakistan, said Inter Service Public Relations (ISPR) of the Pakistan Army.On...
Dr. Attia Anwar

Lifelong learning

0
By Dr. Attia AnwarAs we age, our minds and mental health become more important. We should try to maintain and improve them. Education is...
Advertisement