Exports up by 7.65% to Rs 4.627 trillion in 1st half
ISLAMABAD: Exports from Pakistan saw an increase of 7.65 percent in rupee terms during the first half of the current fiscal year, compared to the same period last year, as reported by the Pakistan Bureau of Statistics (PBS).
Exports during July–December (FY2024-25) were recorded at Rs. 4,627,660 million, compared to Rs. 4,298,761 million during the same period last year, according to provisional data from PBS.
On a year-on-year (YoY) basis, exports increased by 1.53 percent in December 2024 compared to December 2023.Pakistan Technology – Oct-24 IT Exports up by 39% YoY to US$330mn; 4MFY25 exports up by 35% YoY
In December 2024, exports totaled Rs. 811,765 million, up from Rs. 799,545 million in December 2023.
On a month-on-month (MoM) basis, exports in December 2024 rose by 3.15 percent, compared to Rs. 786,953 million in November 2024.
The major export commodities in December 2024 included knitwear (Rs. 108,941 million), readymade garments (Rs. 99,330 million), rice (excluding basmati) (Rs. 86,797 million), bedwear (Rs. 71,252 million), cotton cloth (Rs. 41,388 million), sugar (Rs. 40,565 million), towels (Rs. 24,549 million), pharmaceuticals (Rs. 17,634 million), cotton yarn (Rs. 17,456 million), and made-up articles excluding towels and bedwear (Rs. 16,404 million).
On the other hand, imports during July–December (FY2024-25) amounted to Rs. 7,743,637 million, compared to Rs. 7,496,078 million during the same period last year, reflecting a 3.30 percent increase.
On a YoY basis, imports in December 2024 rose by 14.25 percent, totaling Rs. 1,500,173 million compared to Rs. 1,313,026 million in December 2023.
On a MoM basis, imports in December 2024 surged by 20.01 percent, compared to Rs. 1,250,062 million in November 2024.
The primary import commodities in December 2024 included petroleum products (Rs. 162,467 million), petroleum crude (Rs. 146,353 million), liquefied natural gas (LNG) (Rs. 96,290 million), electrical machinery and apparatus (Rs. 81,286 million), palm oil (Rs. 78,048 million), plastic materials (Rs. 65,636 million), mobile phones (Rs. 45,405 million), iron and steel (Rs. 41,961 million), raw cotton (Rs. 36,038 million), and pulses/leguminous vegetables (Rs. 34,244 million).
