Pakistan’s goods exports hit record $11.4bn in July-October

ISLAMABAD: Pakistan’s goods exports reached a record $11.4 billion in the first four months of fiscal year 2026-27, rising 8.8 per cent year-on-year from $10.4 billion in the same period last year, the government said on Sunday.

In a statement shared on social media platform X, the government attributed the growth to measures introduced by Prime Minister Shehbaz Sharif in the federal budget and coordinated efforts by the finance team and other government institutions to support exporters and businesses.

The measures include reductions in taxes and surcharges for businesses, particularly exporters, faster tax refunds, better utilisation of export development funds and expanded concessional financing.

The government also cited dedicated financing support for small and medium-sized enterprise (SME) exporters, particularly micro and small businesses, as part of its efforts to strengthen the country’s export capacity.

It said the measures were helping create a more business-friendly environment and improve Pakistan’s ability to compete in international markets despite regional and global challenges.

The government reiterated its commitment to facilitating businesses, industry and investors through a more competitive policy environment, improved access to finance and structural reforms, saying it aimed to promote investment and sustainable, export-led growth.