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Pakistan’s total exports stood at $27.209b

Pakistan’s total exports stood at $27.209b

LAHORE: Pakistan’s total exports stood at $27.209 billion in 2020-21 compared to $21.476 billion in 2019-20, according to the data compiled by the Federal Board of Revenue (FBR).

The FBR’s export data further revealed that 15,648 companies exported $27.209 billion in 2020-21 compared to 14,747 companies exported $21.476 billion.

Karachi constitutes over 50 percent of the country’s exports both during the years 2019-20 and 2020-21. According to the data, 4,505 companies located in Karachi (Sindh) exported $13.818 billion i.e. 50.78 percent of the country’s total exports in 2020-21 compared to 4,137 companies located in Karachi (Sindh) exported $10.999 billion i.e. 51.21 percent of the total exports in 2019-20.

Moreover, other 199 companies located in Sindh exported $217 million i.e. 0.8 percent of the country’s total exports in 2020-21 compared to 207 others (Sindh) companies exported $246 million i.e. 1.14 percent of the total exports in 2019-20.