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Surging exports of value-added goods augur well for exports’ base, says MOC

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May 26, 2021 (MLN): Pakistan’s exports of Surgical Instruments, Fish, Meat, Leather garments, Pharmaceuticals, Cement, Cutlery, Spices, and Electric Fans have shown good growth during Jul-Apr FY21 as compared to the corresponding period last year.

According to the data provided by SBP, the exports of Pharmaceuticals, Surgical instruments, and Leather garments went up by 28% YoY, 14% YoY, and 7% YoY to $360mn, $226mn, and $239mn, respectively.

While exports of Cement, Cutlery, Spices, and Electric fans soared to $225mn, $100mn, $77mn, and $25mn, marking a growth of 1%, 39%, 4% and 41% YoY respectively during Jul-Apr FY21.

Within the Food group, receipts from the exports of Meat and Fish & Fish preparations also mounted by 9% and 2% YoY to $280mn and $350mn respectively.

Taking to his Twitter handle, Adviser to Prime Minister of Pakistan for Commerce and Investment, Abdul Razak Dawood on Wednesday said that this increase in exports of upcoming and value-added products augurs well for our exports’ base and the exporters of these products deserve full credit for it.

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Posted on: 2021-05-26T15:33:00+05:00

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