Karachi Matters Editor
In a positive development, Pakistan’s exports have risen by 13.45% year-on-year during the first four months of the current fiscal year, totaling $10.88 billion.
As reported by Dawn, this increase is largely driven by improved order volumes and a stable exchange rate.
Analyzing monthly performance, exports demonstrated growth of 11.83% in July, 16% in August, 13.52% in September, and 10.64% in October.
In October alone, exports amounted to $2.97 billion, compared to $2.68 billion for the same month in the previous year.
Notably, global buyers are increasingly sourcing garments from Pakistan, moving away from traditional suppliers like Bangladesh and China.
