Pakistan goods exports hit record $11.4bn in July-October, govt says

The government says exports rose 8.8 per cent from $10.4 billion a year earlier, crediting budget tax cuts, faster refunds, and cheaper export finance.

Join the conversation
Container ship docked at Port Qasim in Karachi
A container ship docked at Port Qasim in Karachi, in a file photo released by Pakistan’s Ministry of Maritime Affairs. — MINISTRY OF MARITIME AFFAIRS HANDOUT
Listen to this articlePakistan goods exports hit record $11.4bn in July-October, govt says2 min · device voice0:00 / 2:02

— Pakistan’s goods exports reached a record $11.4 billion in the first four months of the 2026-27 fiscal year, the government said on Sunday. The July-October total is 8.8 per cent higher than the $10.4 billion recorded in the same period a year earlier.

In a post on X, the government credited the measures Prime Minister Shehbaz Sharif introduced in the federal budget, together with “a coordinated approach by the finance team and government institutions to strengthen export and facilitate businesses and industry”.

What the government says drove the rise

The government named reduced taxes and surcharges for businesses, particularly exporters, along with faster tax refunds and better use of export development funds. It also pointed to more concessional export financing and dedicated financing for small and medium-sized exporters, with a particular focus on micro and small enterprises.

These steps, it said, are helping to build a more enabling business environment and strengthen export capacity “despite persistent regional and global challenges”. It added that it remains committed to a more competitive policy environment, better access to finance, and sustained structural reforms for businesses, industry, and investors.

The target ahead

The prime minister has set authorities a goal of lifting exports to $60 billion by 2029, reports say. The figures come from the government’s own statement, which did not give a sector-by-sector breakdown, and cover goods only.

TT Business Desk

Economy, markets and business news from The Thursday Times' business desk.

More from this desk

The conversation

Comments are open on this story. An editor reads every one before it appears.

No one has said anything yet. Be the first.

Published by Thursday Media International thursday.media