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Tag Archives: Exports

Exports cross $2 billion mark for 7 consecutive months: Razak Dawood

ISLAMABAD: Adviser to Prime Minister for Commerce and Investment, Abdul Razak Dawood said that this is the first time since 2011 that our monthly exports have crossed the $ 2billion mark for 7 consecutive months. Pakistan’s export for April 2021 stood at $ 2.191 billion; the adviser said this on his official twitter account. Exports for July-April 2021 grew by ... Read More »

Pakistan’s exports to Japan jumps by 40pc during January to March

ISLAMABAD: Pakistan’s exports to Japan have jumped by 40% in the first quarter (Jan – Mar) during the current year as compared with the last quarter of 2020 i.e. (Oct – Dec). According to trade figures released by Japan’s Ministry of Finance, the increase is more than 47% when compared to the same period last year i.e. Jan – Mar ... Read More »

Govt urged to follow trends adopted by different countries for export of products

LAHORE: Pakistan Carpet Training Institute (CTI) Chairperson Pervez Hanif has said that Pakistan should follow the trends adopted by different countries for the export of its products in wake of Corona epidemic. Talking to newsmen, he said for this, special tasks should be assigned to Pakistani embassies abroad. Pervez Hanif said due to the decline in exports and lack of ... Read More »

Govt needs to increase effective liaison with exporters for boosting economy; Pervez Hanif

LAHORE: Carpet Training Institute (CTI) Chairperson Pervez Hanif has said that instant and extraordinary decisions are urgently needed for policy making in this given circumstances for which the government should increase effective liaison with stakeholders. In his statement issued here today, Pervez Hanif said further relief should be given to manufacturers and exporters to increase export competitiveness in international markets. ... Read More »

Pakistan’s textile exports decline 3.1pc in February

ISLAMABAD: In a worrying sign, Pakistan’s textile exports fell by 3.1% on a year-on-year basis and 6.8% on a month-on-month basis landing at $1.2 billion in February of fiscal year 2020-21. Pakistan Bureau of Statistics (PBS) said that exports of knitwear and bedwear declined by 13% and 1.2% year-on-year, respectively. The exports had fallen from 10.3% and 7.3% on a ... Read More »

Footwear exports decline 6.91pc in 7 months of FY21

ISLAMABAD: The footwear exports witnessed a decline of 6.91 percent during the seven months of financial year 2020-21 as compared to the corresponding period of last year. Pakistan exported footwear worth $75.274 million during July-January (2020-21) as against the exports of $80.859 million during July-January (2019-20), showing decline of 6.91 percent, according to Pakistan Bureau of Statistics (PBS). Among the ... Read More »

Exports increase by 4.29pc in 8 months of FY21

ISLAMABAD: The exports from the country increased by 4.29 percent during the first eight months of the current fiscal year (2020-21) as compared to the corresponding period of last year, Pakistan Bureau of Statistics (PBS) reported. The exports of the country during July-February (2020-21) were recorded at $16.304 billion against the exports of $15.633 billion during July-February (2019-20), according to ... Read More »

Iran expects steep increase in gas output, exports

TEHRAN: Iran will see a steep rise in its natural gas output and exports after last year’s easing of Western sanctions, its deputy oil minister said on Tuesday, adding that recent deals with global firms show they believe sanctions will not come back. Amir Hossein Zamaninia, Iran’s deputy oil minister for trade and international affairs, said Iran’s gas production would ... Read More »

Exports from Iranian FTZs increase

TEHRAN: Over $281 million worth of goods and services were exported from Iran’s seven free trade and industrial zones during the 10 months to January 19, indicating a 29% rise year-on-year. Reexports from the Iranian FTZs amounted to $406 million during the same period, registering a 26% increase compared with the corresponding period of last year, IRNA reported, citing data ... Read More »

Ukraine boosting corn starch production, exports

KIEV: Ukraine continues boosting production and exports of corn starch. So, more than 8.73 KMT of corn starch was produced in the country in November, or 60% more than in November 2015 (5.46 KMT). Ukraine’s corn starch output increased 22% in 2016 year-on-year, to 62.28 KMT against 50.98 KMT at the same time in 2015. Along with production, Ukrainian corn ... Read More »

Iraqi oil minister asks foreign companies to increase oil production, exports

BAGHDAD: Iraqi Oil Minister Jabbar Al-Luaibi on Tuesday asked foreign oil companies to increase crude oil and natural gas production and exports. Al-Luaibi, who took over office a month ago, held a meeting in Baghdad with oil companies operating in Iraq. During the meeting he said that the ministry “supports foreign oil companies’ work in order to improve the production ... Read More »

South Africa Shipping Container Trade: Weak economy takes toll on container imports, exports

CAPE TOWN: The economic slowdown in China, declining demand for mining commodities, dwindling consumer spending power and the persistent drought in Southern Africa have all negatively impacted shipping container trade in South Africa in the first quarter of the year, with import and export markets declining by 8% and 12%, year-on-year, respectively, says Maersk Line Southern Africa trade manager Matthew ... Read More »

Ukraine increases wheat bran production, exports

KIEV: Since the beginning of current season until April Ukrainian wheat bran production had increased by 10% to 214.05 KMT against 195.18 KMT during the same period of 2014/15. In line with production wheat bran exports had grown by 7%. During July-April 2015/16 Ukraine exported 523.65 KMT. Increase of shipments to Arab and African countries is this season`s peculiarity. In ... Read More »

South Korea Q1 GDP slows on weak capex, exports

SEOUL: South Korea’s economic growth halved in the first quarter from the previous three-month period as poor exports and stumbling capital investment cast doubts over policymakers’ more optimistic expectations for a near-term recovery. First-quarter growth slowed to 0.4 percent in January-March over the previous quarter, the Bank of Korea (BOK) estimated on Tuesday, slightly below expectations and the weakest seen ... Read More »

S. Korea seeks balanced growth in domestic demand, exports

SEOUL: The government’s 2016 economic policy plan is aimed at maintaining growth momentum both in domestic demand and exports to let people feel economic vitality in the third year of the Park Geun-hye administration. The Ministry of Strategy and Finance and six other economy-related ministries reported their annual policy plans to the President on Thursday, focusing on keeping the pace ... Read More »

Exports, imports fall more than expected in Oct

WASHINGTON: Exports fell for a 10th straight month in October — with totals worse than expected — even as imports continued their slide, showing the trade-dependent economy is still struggling to get back on track. Southeast Asia’s second-largest economy has yet to get back on firm footing after last year’s coup, with pivotal exports and domestic consumption persistently sluggish. Exports ... Read More »

Above 80 % of Vietnamese imports, exports transported by foreign shipping firms

HANOI: Vietnamese shipping companies are losing in their own homeland as domestic producers continue to choose foreign shippers for their imports and exports. More than 80 per cent of Vietnamese imports and exports are transported by foreign shipping firms, said Do Xuan Quang, chairman of the Viet Nam Logistics Association (VLA). There are only 40 foreign shipping companies in Viet Nam, ... Read More »

Spanish Value of exports 8% up in May, volume down 5%

MADRID: The value of Spanish fruit and vegetable exports in May increased by 8% compared to the same month in 2014, totalling 1,144 million Euro, while the volume declined by 5%, reaching 1 million tonnes, according to data of the Department of Customs and Special Taxes of the Ministry of Economy processed by FEPEX. Fruit exports in May grew by ... Read More »

Steel shipments, exports both fall steeply YOY

US: Steel shipments and imports posted small monthly gains in May, but fell sharply year-over-year. Shipments, the amount of steel that’s actually sold, increased 1.2 percent in May over April but were down 14.6 percent as compared to May 2014. Exports rose 3 percent in May as compared to April, but were 16 percent less than the year prior, according ... Read More »

India’s handicrafts exports to cross Rs 17,000 core end of 2015-16: Study

New Delhi: According to a recently concluded sector specific ASSOCHAM study. India’s handicrafts exports are likely to cross Rs 17,000 crore mark by the end of current fiscal year of 2015-16 and is further expected to cross Rs 24,000 crore mark by FY 2020-21. “Clocking a compounded annual growth rate of about 5.3 per cent during the 11 years period ... Read More »