Increased trade driven by government reforms and higher demand
Key Takeaways:
i) Pakistan’s exports to the United States increased by 10.4% in the first eight months of the current fiscal year.
ii) Exports to North America rose by 9.7%, reaching $4.2 billion.
iii) Textiles and garments comprise 94% of Pakistan’s exports to the U.S., emphasizing the sector’s crucial role.
Islamabad, Pakistan – April 14, 2025 – Pakistan’s export sector is showing promising signs of recovery, with exports to the United States experiencing a significant surge of 10.4% in the first eight months of the current fiscal year. According to official data, this growth is largely attributed to improved trade facilitation under the Special Investment Facilitation Council (SIFC) and a higher demand for Pakistani goods in the U.S. market.
The positive trend extends to North America as a whole, where exports have risen by 9.7%, reaching a total of 4.2 billion dollars. A substantial portion of these exports, approximately 94%, consists of textiles and garments, underscoring the vital role of this sector in Pakistan’s export economy.
The positive trend extends to North America as a whole, where exports have risen by 9.7%, reaching a total of 4.2 billion dollars.
Government reforms in trade policy, coupled with the support of the SIFC, are credited with playing a key role in this export growth. This development is viewed as a positive indicator for Pakistan’s foreign exchange reserves and the overall recovery of its export sector, suggesting a strengthening economic outlook.