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Business & Finance

Pakistan exports back on Pre-COVID track, crosses $2bn in Oct: Dawood

  • “This is despite the contraction in our major markets due to COVID-19 and the uncertainty created by the recent resurgence of the COVID-19 pandemic,” he added.
Published November 2, 2020 Updated November 2, 2020 03:24pm

Adviser on Commerce Razak Dawood informed that Pakistan’s exports for the month of October has crossed the $2 billion mark, and are back on the pre-coronavirus track.

In a tweet on Monday, the advisor stated: “Our exports have maintained the growth trend in October 2020. Our exports have crossed the 2 billion mark after July 2020 and are back on track to pre-COVID- 19 levels.

“This is despite the contraction in our major markets due to COVID-19 and the uncertainty created by the recent resurgence of the COVID-19 pandemic,” he added.

Dawood also congratulated the exporters for the latest achievement.

In another tweet, Dawood expressed satisfaction over the increase in pharmaceutical exports. “I am glad to share that our Pharmaceutical exports have gotten off to a good start this year. In value terms, our exports have grown by 22.6% in the first quarter (Q1) to USD 68.1 million as compared to USD 55.6 million in the corresponding period last year,” he said.

The Adviser on Commerce said this has been achieved due to the hard work of Pharmaceutical exporters and renewed focus on exports, while expressing gratitude to SAPM on Health Dr. Faisal Sultan.

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