Pakistan July exports jump to record $ 2.2 billion

KARACHI: Pakistan export has surged by 27.6 percent to highest ever figure of $ 2.203 billion during July 2011-12.

According to the trade data compiled by Trade Development Authority of Pakistan (TDAP), this is the highest ever exports for the month of July in the history of Pakistan.

Pakistan's exports during July 2010 remained at $ 1.726 billion.

Imports during July 2011 valued at $ 3.689 billion registering a growth of 13.9 per cent over the level of imports of $ 3.239 billion in July 2010.

TDAP chief executive Tariq Puri said that the Ministry of Commerce and Trade Development Authority of Pakistan will continue to support and collectively facilitate the business community to maintain this momentum going forward while ensuring the provision of enabling environment.

He said the new initiatives taken by TDAP to focus on regional markets is paying off and is a positive sign in our exports.

Copyright APP (Associated Press of Pakistan), 2011