During the first 6 months of FY21, Pakistan’s trade deficit reached $12.42 billion compared with the trade deficit of $11.67 billion of FY20.
The cement industry boosted by introducing the relief package for the construction sector, showing 16% growth.
The PM of Pakistan highly appreciated exporters’ efforts to increase the export value by 18% during Dec’20 compared to Dec’19.
According to the data released by the SBP, the USA remained the top export destination during July-Nov 2020 with a value of $1.744 billion.
Business News – According to the data released by SBP, the transport services export surged by $29.9 million during November 2020.
During November 2020, the cement export in Pakistan witnessed a drastic drop of 45.48% and reached $18.127 million from $33.249 million.
SBP recently relaxed small-sized eCommerce businesses by skipping the submission of ‘E’ form when they export goods valued up to $5,000.
200 MT of Fish Cargo Left Gwadar Port to Reach China – the news was shared in a tweet from Advisor to PM for Commerce and Industries.
The government is focusing its energies on industrialization of the country and on boosting exports,…
Hugo Boss, Guess, Target ties bond with Pakistan’s textile industry. This boosted the export by 7%, leaving India and Bangladesh behind.