Pakistan's Exports Will Hit $38 Billion This Year - Recorder Pakistan

 

Pakistan's Exports Will Hit $38 Billion This Year - Recorder Pakistan

Pakistan’s exports of goods and offerings will exceed $38 billion inside the ongoing economic 12 months, which is for the primary time inside the united states of america’s records, projected Trade Development Authority of Pakistan (TDAP) Chief Executive Arif Ahmad Khan.

In a assembly with a delegation of the Council of Economic and Energy Journalists on Wednesday, he stated that inside the first six months of monetary 12 months 2021-22, goods shipments to overseas markets rose to $15 billion, posting an growth of 18%.

“African market is the focus of interest as there are sizeable possibilities for export of various merchandise to the location,” he said. “Rice, pharmaceutical and IT merchandise have a number of export capacity.”

He stated that Pakistan had shipped rice worth $2.2 billion and with the creation of advanced technology in crop cultivation, harvesting and processing, the range might be driven to $five billion.

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