1st time in Pakistan remittances have been above $2 bn for 6 consecutive months.

 

Remittances from overseas Pakistanis rose further to $2.4 bn in Dec20, up 16.2% compared to Dec19 and up 4.2% over Nov. 2020. For the 1st 6 months of this fiscal year remittances reached $14.2 bn and have risen 24.9% over last fiscal year.

For details see

Pakistan’s exports to the UK have crossed the 1 billion in the first 6 months of any Financial Year. For Jul-Dec 2020, the exports to UK grew by 21% to USD 1,029 million as compared to USD 852 million in Jul-Dec 2019.

Moreover, in Dec 2020, these exports grew by 47% to USD 189 million as compared to USD 129 million in Dec 2019. 

MOC’s Trade Officers posted in the UK and urge them to work harder in finding opportunities for our exporters and provide facilitation to our businessmen. 

Pakistan's exports to US grew by 27% to USD 425 million in Dec 2020 as compared to USD 334 million in Dec 2019. This is the first time that our exports to US have crossed US dollar 400 million mark for three consecutive months.

For Jul-Dec 2020, the exports to US grew by 18.4% to USD 2,412 million as compared to USD 2,037 million in Jul-Dec 2019.