PM Commends Exporters for Beating India and Bangladesh in Exports Growth

Government & Politics

Prime Minister Imran Khan took to Twitter on Thursday to congratulate the Commerce Ministry while sharing the regional export trends.

He wrote, “I have received the regional export trends and this shows that, compared to our exports, the exports of India and Bangladesh for Nov/Dec 2020 showed negative growth.”

He added, “I wish once again to congratulate the exporters and the Ministry of Commerce for this achievement.”

 

According to the Ministry of Commerce image that the PM shared, Pakistan’s exports grew by 8.32 percent in November 2020 and more than doubled in growth by December 2020 showing an 18.30 percent increase in exports. These figures show an increase compared to the corresponding months last year, respectively.

As compared to this, Bangladesh posted a growth of 0.76 percent in exports for November 2020 and a decline of 6.11 percent in December 2020. For the same period, India’s exports fell by 9.07 percent in November and by 0.80 percent in December 2020.

According to provisional data shared by PM’s Commerce Adviser Abdul Raza Dawood, Pakistan’s exports for the month of December 2020 had grown by 18.3 percent to $2.357 billion as compared to $1.993 billion in December 2019.

Pakistan’s exports grew for the fourth consecutive month in December.

He said that this is the highest export ever in December, adding, “for the period July-December 2020, our exports increased by 4.9 percent to USD 12.104 billion as compared to USD 11.533 billion in the corresponding period last year”.

 

Source: Propakistani

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