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Tag: exports

Port Activity 1

Pakistan’s Exports Surge by 10.52% in 1HFY25

January 1, 2025January 1, 2025Shahnawaz Akhter

Islamabad, January 1, 2025 – Pakistan’s exports witnessed a remarkable growth of 10.52% during the first half (July–December) of the current fiscal year 2024-25, according to trade data released by the Pakistan Bureau of Statistics (PBS) on Wednesday.

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technology

Pakistan’s IT Exports Soar by 39% YoY in October 2024

November 18, 2024November 18, 2024Hamza Shahnawaz

Pakistan achieved a significant milestone in October 2024, recording IT exports worth $330 million. This represents a robust 39% year-on-year (YoY) increase and a 13% month-on-month (MoM) growth, surpassing the 12-month average of $287 million, according to analysts at Topline Securities.

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port activity

Pakistan Sees Massive 27% Exports Jump YoY in May 2024

June 3, 2024June 3, 2024Shahnawaz Akhter

PkRevenue.com – Pakistan has registered a significant 27.08 percent increase in exports on a year-on-year (YoY) basis in May 2024, according to data released by the Pakistan Bureau of Statistics (PBS) on Monday. Exports surged to $2.80 billion in May 2024, up from $2.20 billion in the same month of the previous year.

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car import

South Korea Records 10% Surge in Car Shipments in April 2024

May 9, 2024May 9, 2024Faisal Shahnawaz

South Korea has witnessed a significant uptick in car shipments, recording a 10 percent increase in April 2024, according to recent official data released by the Ministry of Trade, Industry and Energy.

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car import

Japan Threaten Legal Action against Pakistan over Car Exports

April 8, 2024April 8, 2024Faisal Shahnawaz

The Japanese government has issued a stern warning to Pakistan regarding the alleged coercion of three of its prominent car manufacturing companies to export their vehicle variants, a move deemed as a violation of World Trade Organization (WTO) regulations, as per media reports.

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Port Activity 1

Pakistan’s Exports Witness 12.68% Decline in July 2023

August 2, 2023August 2, 2023Faisal Shahnawaz

Islamabad, August 2, 2023 – The latest data released by the Pakistan Bureau of Statistics (PBS) indicates a significant decline in the country’s exports by 12.68% in July 2023, as compared to the previous month.

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FBR logo

FBR Plans New Indemnity Bond to Facilitate Exporters

July 18, 2023July 18, 2023Shahnawaz Akhter

ISLAMABAD: The Federal Board of Revenue (FBR) has unveiled a new indemnity bond for exporters, allowing them to sell or transfer plant machinery, equipment, and apparatus from one Export Facilitation Scheme (EFS) user to another.

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port activity

Pakistan exports plummet by 10% during July – March 2022-2023

April 3, 2023April 3, 2023Mrs. Anjum Shahnawaz

Exports of Pakistan have plummeted by 10 percent during nine month (July – March) 2022-2023, official data revealed on Monday.

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port activity

Pakistan’s exports decline by 5.8pc in 1HFY23

January 3, 2023January 3, 2023Mrs. Anjum Shahnawaz

ISLAMABAD: Pakistan’s exports have declined by 5.8 per cent in the first half (July – December) of fiscal year 2022-2023, according to official trade data released on Tuesday.

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State Bank of Pakistan Image

SBP automates verification of refinance claims

August 12, 2022August 12, 2022Hamza Shahnawaz

KARACHI: The State Bank of Pakistan (SBP) on Friday announced the automation of verification of refinance clams under the Export Finance Scheme (EFS). Automated verification will significantly enhance the efficiency of refinance operations and improve exporters’ access to liquidity, the central bank added. READ MORE: Interest rates on export, business loans enhanced to 10% With […]

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