Pakistan’s exports witness decline to $2.1 billion in April

Category: General

Pakistan’s exports have declined to $2.191 billion in April, which is 7.36 per cent less than the previous month. In April, Pakistan’s exports have declined by $0.174 billion as compared to March, according to the official data. In April Pakistan’s exports were $2.191 billion which were $0.174 billion less than the exports of $2.365 billion in March. However, exports for Jul-April 2021 grew by 13 per cent to $20.879 billion as compared to $18.408 billion during the same period last year. Taking to Twitter, Adviser to Prime Minister on Commerce and Investment, said “Alhamdulillah, Pakistan’s export for April 2021 stood at $2.191 billion. This is the first time since 2011 that our monthly exports have crossed the 2-billion mark for seventh consecutive months. The export growth of 129 per cent over Apr-2020 cannot be taken into account due to lockdown last year. Exports for Jul-April 2021 grew by 13 per cent to $20.879 billion as compared to $18.408 billion during the same period last year,” Pakistan’s exports for April 2021 stood at $2.191 billion, he further said. It is worth to mention here that in March Pakistan’s exports witnessed a growth of 13.4 per cent and reached to $2.345 billion, which was higher than the February’s exports of $2.068 billion. The country imports also grew from $4.601 billion in February to $5.313 billion in March, mainly due to increased imports of petroleum, wheat, soy bean, machinery, raw material & chemicals, mobiles, fertilisers, tyres and antibiotics and vaccines.

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