Pakistan'S Export Growth Is Weak But Export Quality Is Improved.

According to the Pakistan business records June 26th, from the performance of this fiscal year, Pakistan exports did not show signs of improvement compared with the same period last year. Exports in the first 11 months remained at the level of last year, and exports in May actually declined by 1.7%. This shows that export growth is weak under the background of current currency depreciation and support policies. But this can not be attributed solely to the inaction of exporters or governments.

The article said that the current global trade environment is poor, especially Pakistan's main export destination demand continues to shrink, which has an objective inhibitory effect on Pakistan's exports. Meanwhile, the volume of Pakistan's exports has not increased significantly, but the quality of Pakistan's exports has indeed improved over the past year. Exports of textile products with high added value increased significantly, and garment manufacturing, knitwear and bedding increased 2 digits. In the field of food exports, Marty rice export is expected to hit a new high in 6 years at the end of the current fiscal year. Pakistan's exports are expected to gradually improve exports in the next 12 months and achieve the export target of US $25 billion.