November 11, 2021 (MLN): Pakistan’s mercantile exports surged by 24.7 percent to $9.44 billion during the first four months of the current financial year i.e., July-Oct FY2021-22 as compared to $7.57 billion recorded in the corresponding period of last year.

Taking to its official Twitter handle, the Commerce Ministry informed that the products that contribute to this growth are readymade garments, home textiles, cotton fabric, rice, cotton yarn, jerseys & cardigans and synthetic fabrics.

Similarly, the services exports also witnessed an upsurge of 23.2 percent to clock in at $1.572 against $1.276 billion recorded during the first quarter of the last financial year.

Of this, IT exports grew by 42% to $635 million from last year’s $445 million, Business Services exports increased by 29% to $ 394 million from $304 million last year & Travel services exports up by 72% to $ 141 million from $82 million last year.

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