Pakistan's Export Observed 6% Growth in September 2020 – RS News

Pakistan’s Export Observed 6% Growth in September 2020

September 2020 observed to be a better month for Pakistan in terms of exports. The worth of Pakistan’s export was $1.82 billion in the month.

Pakistan's Export Observed 6% Growth in September 2020

Pakistan's Export Observed 6% Growth in September 2020

September 2020 observed to be a better month for Pakistan in terms of exports. The reported worth of Pakistan’s export was $1.82 billion in the previous month.

Abdul Razak Dawood, the advisor to PM Imran Khan, focussed to get more orders from the existing markets to maintain the steady upscale in the export.

Alhamdolillah, the export figures for September 2020 have shown improvement. As compared to September 2019, our exports have grown 6pc to USD 1.872 billion,

Abdul Razak Dawood

He further added, “Although this is better than the decrease of 15% recorded in August 2020, I still feel that with sufficient backlog of orders we can do much better,”

While talking to the audience and media, he motivated the exporters to pursue more orders from existing markets and reach out to untapped markets.

I am hopeful that in October 2020 we will have further growth,

Abdul Razak Dawood

Earlier, the record-shattering monsoon rains took a toll on Pakistan’s export for the month of August, which recorded a drop of 19.5% as compared to August 2019.

The decline in export this year is not only due to COVID19 but the unprecedented monsoon rains also resulted in disruption of the supply chain.

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