18 h. ago Pakistan Software Export Board audit uncovers illegal transfers, hiring, and more

ISLAMABAD – A recent audit exposed financial mismanagement and illegal practices inside Pakistan Software Export Board (PSEB), the department responsible

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23 h. ago Pakistan exports 1.4m tonnes furnace oil amid falling local demand

ISLAMABAD – Pakistan exported over 1.4 million tonnes of furnace oil during the fiscal year ending June 30, 2025, as local demand for the fuel continued to decline sharply. The exports included 1.3 million tonnes of high sulphur furnace oil (HSFO) and nearly 138,000 tonnes of low sulphur furnace oil (LSFO), according to official data. […]

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46 h. ago Pakistan’s exports to North America jump 10%, led by US market

ISLAMABAD – Pakistan’s exports to North America increased by 10.19% during the first 11 months of FY2025, reaching $5.91 billion, according to data from the State Bank of Pakistan. The United States remained the leading destination, driving most of the growth in textile and clothing shipments. Nearly 94% of exports to North America went to […]

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6 d. ago Carpet exporters hit by high taxes on inputs, demand urgent support

ISLAMABAD – July 10, 2025: Pakistan’s leading textile and carpet exporters have sounded the alarm over skyrocketing energy costs and the possible imposition of new US tariffs, saying these challenges are pushing their industries toward a crisis. In a meeting held at the Ministry of Commerce, officials from the All Pakistan Textile Mills Association (APTMA) […]

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7 d. ago Pakistan’s software services exports surge to over $1bn for first time

Pakistan’s export of software services has seen consistent growth over the last few years, surpassing $1 billion in an 11-month period for the first time in history. According to data released by the State Bank of Pakistan (SBP), the country earned foreign exchange of $1.01 billion through the export of software services during the period […]

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9 d. ago Pakistan looks beyond traditional markets as TDAP approves export expansion plan

The Trade Development Authority of Pakistan (TDAP) on Monday approved a series of strategic initiatives aimed at boosting the country’s export competitiveness and diversifying market access during its 12th board meeting held in Islamabad. The meeting, chaired by Federal Minister for Commerce Jam Kamal Khan, was attended by senior government officials and members of the […]

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9 d. ago Pakistan’s seafood exports jump 20.5% to $489 million in FY 2024–25

Pakistan’s seafood exports rose significantly to USD 489.2 million in fiscal year 2024–25, marking a 20.5% increase from USD 406 million in the previous year, according to a report by the Marine Fisheries Department. Export volumes also surged by 19.8%, reaching 242,484 metric tons, compared to 202,400 metric tons last year — reflecting improved productivity […]

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9 d. ago TDAP launches new export strategy with focus on emerging markets and global outreach

The Trade Development Authority of Pakistan (TDAP) has rolled out a fresh set of initiatives for FY 2025-26 aimed at boosting the country’s exports and strengthening its presence in global markets. These steps include participation in over 120 international exhibitions, export training programs, and “Made in Pakistan” exhibitions in Ethiopia and Bangladesh. The initiatives were […]

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1 week ago Pakistan sets bold industrial revival plan to boost exports and cut imports

ISLAMABAD – The government has finalized a new industrial policy to revive Pakistan’s struggling industrial sector. The Prime Minister’s Committee on Industrial Policy approved key reforms in a recent meeting chaired by SAPM Haroon Akhtar Khan. The policy focuses on increasing exports, reducing imports, and helping small businesses grow. Officials said the industry’s share in […]

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2 w. ago Karachi port handles 331,420 metric tons of cargo in 48 hours

KARACHI – Karachi Port managed a total of 331,420 metric tons of cargo over the last 48 hours, according to port authorities. The massive cargo handling included 157,131 metric tons of exports and 174,289 metric tons of imports, reflecting strong trade activity at one of Pakistan’s busiest ports. Export cargo included containerized goods as well […]

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2 w. ago Pakistan’s seafood exports to Vietnam rise 20%, reaching $9 million

KARACHI: Pakistan and Vietnam have agreed to expand cooperation in the halal seafood industry, signaling a new chapter in bilateral trade relations between the two countries. To this end, a key meeting was held between the Ambassador of Vietnam to Pakistan, Pham Anh Tuan, representatives of the Pakistan Fisheries Exporters Association; Pangasius fish importers; and […]

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3 w. ago Jam Kamal unveils $60bn export plan with reforms, digital push, and private sector backing

Federal Commerce Minister Jam Kamal Khan has announced an ambitious plan to raise Pakistan’s exports to $60 billion by 2030. While addressing the National Assembly, he presented the new Strategic Trade Policy Framework (STPF) 2024–30, built on consultations with 17 sectoral councils. He stressed that the plan is realistic, backed by data, and designed to […]

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3 w. ago Despite India’s rice subsidy, Pakistan’s exports remain strong

Pakistan’s rice exporters have maintained a strong position in the global market despite India offering heavy subsidies and selling rice at very low prices. Pakistani exporters focused on quality and smart strategies, helping them keep their market share steady. India recently lifted a two-year ban on rice exports, re-entering the global market. This move sparked […]

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3 w. ago Pakistan’s cement exports soar to $287.9 million in first 11 months of FY2024

Pakistan’s cement exports have seen strong growth during the first eleven months of the fiscal year 2024-25, rising by 21.6 percent compared to the same period last year, according to Pakistan Bureau of Statistics (PBS) data. The export value reached $287.946 million, up from $236.797 million in the previous year. In terms of volume, cement […]

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3 w. ago Pakistan’s furnace oil exports jump 63%, lead petroleum export growth in FY25

KARACHI – Pakistan’s furnace oil (FO) exports soared 63% year-on-year, reaching 1.37 million tons during the first 11 months of the current fiscal year (11MFY25), making FO the top contributor to the country’s overall petroleum export growth. According to data from the Oil Companies Advisory Council (OCAC) and Arif Habib Limited (AHL), total petroleum exports—including […]

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3 w. ago Textile exporters urge govt to fix budget anomalies and reconsider new tax rules

LAHORE – Pakistan’s leading textile exporters have urged the government to adopt key industry proposals through the Federal Board of Revenue’s (FBR) budget anomaly committee to safeguard export growth and jobs. In a joint post-budget meeting, the Pakistan Hosiery Manufacturers and Exporters Association (PHMA) and the Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) raised […]

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3 w. ago Textile bodies seek urgent action on proposals through Budget Anomaly Committee

The Pakistan Hosiery Manufacturers & Exporters Association (PHMA) and the Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) have jointly urged the government to consider and implement the textile industry’s key budget proposals through the FBR’s Budget Anomaly Committee. The demand came during a post-budget joint meeting of both associations, which was attended by PHMA […]

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3 w. ago Pakistan’s ethanol exports face setback as EU suspends GSP+ status

The European Commission has officially suspended Pakistan’s GSP+ status for ethanol imports, following concerns raised by six EU member states that Pakistani exports had distorted the European ethanol market since 2022. The suspension came into effect on June 20, 2025, under Article 30 of the GSP Regulation. The complaint was submitted in May 2024 by […]

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3 w. ago Textile exports grow 7.37% to $16.36 billion in first 11 months of FY 2024

Pakistan’s textile exports increased by 7.37% during the first eleven months of the current financial year, reaching $16.36 billion. This marks a significant rise compared to $15.24 billion in the same period last year, according to the Pakistan Bureau of Statistics (PBS). The growth was driven by strong performance in key segments. Knitwear exports surged […]

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4 w. ago Exporters sound alarm over budget shocks, demand urgent fix from PM

Pakistan’s leading export groups have raised serious concerns over the recent budget changes. They say these changes will damage the country’s $11 billion value-added export sector. The sector includes garments, sports goods, and leather products. It contributes about one-third of national exports and is already under pressure from rising costs. The exporters demanded an urgent […]

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