December 2020 witnessed Pakistan’s highest export ever

BusinessDecember 2020 witnessed Pakistan’s highest export ever

ISLAMABAD, Pakistan: Pakistan’s exports for the month of December 2020 stood at US$ 2.357 billion, the highest export ever in the mentioned month.

Sharing the Provisional Data on Friday, the Prime Minister’s Adviser for Commerce and Investment Abdul Razak Dawood said that Pakistan’s exports for December 2020 grew by 18.3% to US$ 2.357 billion as compared to US$ 1.993 billion in December 2019, an increase of US$ 364 million over December 2019.

   

“This is the highest export ever in the month of December,” the adviser told.

The adviser said that for the period July-December 2020, Pakistan’s exports increased by 4.9% to US$ 12.104 billion as compared to US$ 11.533 billion in the corresponding period last year.

Abdul Razak Dawood said that this shows the resilience of the economy of Pakistan and it is a vindication of the government’s policy to keep the wheels of the economy running during the COVID-19 pandemic.

The adviser also commended the exporters for achieving this feat during these testing times and urged them to aggressively focus on capturing a larger share of international trade.

“Exporters you are a great asset for our Country and I salute you all,” he said.

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

Murad Ali Shah elected as CM Sindh for third consecutive term

0
KARACHI, Pakistan: Syed Murad Ali Shah of Pakistan People’s Party (PPP) was elected as the Chief Minister of Sindh Province on Monday for the...

Interbank Dollar Rate Today in Pakistan – 26 February 2024

0
Interbank Exchange Rates in Pakistan The Interbank Closing Exchange Rate in Pakistan has been issued by the State Bank of Pakistan (SBP) for February 26,...

Maryam Nawaz elected as Chief Minister Punjab

0
LAHORE, Pakistan: The Pakistan Muslim League-Nawaz (PML-N) Maryam Nawaz on Monday bagged 220 votes to be elected as the Chief Minister of Punjab following...

Pakistan, UAE sign MoU to boost agricultural innovation and research

0
ABU DHABI, UAE: Pakistan and the United Arab Emirates (UAE) on Monday signed a Memorandum of Understanding (MoU) in Abu Dhabi aimed at boosting...

AUD to INR: Australian Dollar to Indian Rupee Today – 26 February 2024

0
The Australian Dollar (AUD) was trading at 54.33 as per the Indian Rupee (INR) on Monday.Currently, Indians are now the second-largest migrant group in...
Advertisement