There is scope for further boosting the exports as the market is largely untapped
Pakistan saw an impressive 29% spike in its exports to Australia during the first ten months of the current fiscal year. The exports during the period stood at $229million, compared to $177 million in the prior-year period. The details were given out by the Adviser to the Prime Minister of Pakistan for Commerce and Investment Abdul Razzaq Dawood.
“We are glad to share that during July-April 2021, “our exports to Australia increased by 29 percent to $ 229 million as compared to $177 million in Jul-April 2020” the Adviser said this on his official twitters account.
Dawood advised the businessmen to benefit from the relatively untapped Australian market and urged the ministry of commerce and trade to help. “I encourage exporters to aggressively export to this relatively untapped market and also commend the efforts of Ministry of Commerce trade and Investment Counselor Muhammad Ashraf and urge him to facilitate our exporters and investors even more,” Dawood said.
The current trend in the increase in exports is amazing. However, the overall export figure is not what it should be and better numbers can be achieved. One hopes that the export graph continues in the right direction.