ISLAMABAD: Pakistan’s goods exports reached an all-time high of $11.4 billion during the first four months of the current fiscal year, the government announced on Sunday, attributing the surge to targeted measures including tax reductions, expedited refunds, and enhanced support for small and medium enterprises.
Goods exports refer to tangible products manufactured or produced domestically and sold to international buyers. Prime Minister Shehbaz Sharif has directed officials to ensure that Pakistan’s export earnings reach $60 billion by 2029.
According to a statement from the government on social media platform X, goods exports totaled $11.4 billion from July to October 2026, marking 8.8 percent year-on-year growth compared to $10.4 billion during the same period last year.
“This record performance reflects the impact of measures introduced by Prime Minister Shehbaz Sharif in the federal budget, alongside a coordinated approach by the finance team and government institutions to strengthen exports and facilitate businesses and industry,” the government said.
PAKISTAN’S GOODS EXPORTS HIT ALL-TIME HIGH | 4MFY27
Pakistan’s goods exports have reached an all-time high of US$11.4 billion during July–October FY27, registering an impressive 8.8% year-on-year growth from US$10.4 billion in the corresponding period last year.
This record performance reflects the impact of the measures introduced by Prime Minister Shehbaz Sharif in the Federal Budget, alongside a coordinated approach by the Finance Team and government institutions to strengthen export and facilitate businesses and industry.
Key measures introduced in the budget include reduced taxes and surcharges for businesses and industry, particularly exporters; faster tax refunds; better utilisation of export development funds; enhanced concessional export financing; and dedicated financing support for SME exporters, with a particular focus on micro and small enterprises.
These targeted interventions, coupled with coordinated institutional efforts, are helping create a more enabling business environment and strengthen Pakistan’s export capacity despite persistent regional and global challenges.
The Government remains committed to further facilitating businesses, industry and investors through a more competitive policy environment, improved access to finance and sustained structural reforms.
The direction is clear: stronger exports, greater investment and a private-sector-driven, export-led and sustainable growth trajectory.
PakistanEconomy #Exports #Trade #EconomicGrowth
— Government of Pakistan (@GovtofPakistan) November 15, 2026
The government credited the record export growth to key FY27 budget measures, including reduced taxes and surcharges for businesses and industry, with particular benefits for exporters.
It also cited faster tax refunds, improved utilization of export development funds, enhanced concessional export financing, and dedicated financing for small and medium exporters—especially micro and small enterprises—as drivers of the record increase in goods exports.
“These targeted interventions, combined with coordinated institutional efforts, are helping create a more enabling business environment and strengthen Pakistan’s export capacity despite ongoing regional and global challenges,” the statement added.
The government reiterated its commitment to supporting businesses, industry, and investors through a more competitive policy environment, improved access to finance, and sustained structural reforms.
Pakistan continues to pursue broader global export growth and stronger regional trade and connectivity as part of its strategy to reduce dependence on bilateral and multilateral creditors.
