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Pakistan’s exports increase by 27.4% in September 2021

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ISLAMABAD, Pakistan: Pakistan’s exports increased by 27.4% in September 2021 to US$ 2.41 billion as compared to US$ 1.89 billion in September 2020, the Prime Minister’s Adviser for Commerce and Investment Abdul Razak Dawood said on Monday.

Sharing the provisional figures for export of goods on Twitter, the adviser said that for the First Quarter (Q1) of the Financial Year 2021-22, the Country’s exports increased by 28% to US$ 6.99 billion as compared to US$ 5.47 million in Q1 of the FY 2020-21.

The adviser said that this has been due to the hard work of our exporters and they deserve praise for this accomplishment.

Abdul Razak Dawood said that the import figures are being analyzed in consultation with other government departments and would be released shortly.

Earlier in another Tweet, the adviser told that during the period January-September 2021, Pakistan startups raised a record US$ 305 million of investment globally in sectors including e-commerce, fintech, health, and freight.

“As we are moving forward, I urge our startups to look into the agriculture sector which has a lot of potentials,” he wrote.

The adviser also congratulated Maqsad for securing Pakistan’s largest ed-tech funding of US$ 2.1 million.

“Insha’Allah, 2021 will be the year of Pakistani startups. Let’s touch US$ 1 billion by the end of December, can we?,” he said.

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