Introduction Pakistan’s leading chambers of commerce and industry have called on the government to abolish anti-export levies and special tax exemptions in the upcoming federal budget (2025-26). These measures, they argue, are hurting revenue collection and stifling economic growth. During a meeting with the Senate Standing Committee on Finance and Revenue, industry representatives highlighted key issues, including:✔ Revenue losses from tax exemptions in ex-FATA regions✔ High advance […]
Pakistan Expands Fruit Exports to China: A Growing Opportunity for Economic Growth
Introduction Pakistan’s agricultural sector plays a pivotal role in its economy, contributing 23% to GDP and employing over 37% of the workforce. Among its key agricultural exports, fresh fruits—especially mangoes, kinnows, and cherries—are gaining traction in China, the world’s largest food importer. With a population of 1.4 billion and a rising middle class, China’s demand for high-quality, safe, and traceable fruits presents a […]
Pakistan Cement Exports Increase by 5% from July 2024 – January 2025: A Sign of Recovery and Growth
Pakistan cement industry has shown remarkable resilience, with exports increasing by 5% during the first seven months of the fiscal year (July 2024 – January 2025). This growth comes as a welcome development for the country’s economy, which has been grappling with challenges such as inflation, energy shortages, and global economic uncertainties. In this blog […]
Bangladesh Imports 5,500 MTs of Molasses from Pakistan: A Win for Bilateral Trade
In a significant boost to bilateral trade, Bangladesh imports 5,500 metric tons (MTs) of molasses from Pakistan. This deal not only strengthens economic ties between the two countries but also highlights Pakistan’s potential as a key player in the global molasses market. In this blog post, we’ll explore the details of this trade, its economic […]
Exports from Pakistan to Central Asian States Fall 17% in July-Dec: Causes, Impacts, and Solutions
Pakistan’s trade landscape has faced a significant setback, with exports to Central Asian states declining by 17% during the first half of the fiscal year (July-December). This drop raises concerns about the country’s trade strategy, regional connectivity, and economic stability. In this blog post, we’ll explore the reasons behind this decline, its implications, and actionable […]
Pakistan Becomes Third Largest Exporter of Sesame in the World – No. 3rd
Pakistan has achieved a significant milestone by becoming the third largest exporter of sesame seeds globally. This achievement highlights the country’s growing agricultural potential and its ability to compete in the international market for high-demand commodities. Key Facts and Figures Factors Behind the Growth 1. Increase in Cultivation The rise in sesame exports is largely […]
Export Facilitation Scheme (EFS): Transforming Trade for Over 1,500 Exporters
The Export Facilitation Scheme (EFS) represents a significant step forward in bolstering the export sector by offering tax and duty-free imports to eligible exporters. With over 1,500 businesses benefiting from this initiative, the scheme aims to enhance global competitiveness, reduce operational costs, and promote sustainable economic growth. Understanding the Export Facilitation Scheme The Export Facilitation […]