Pakistan’s exports to Japan experience 40 percent growth

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Staff Reporter
Islamabad

Pakistan’s exports to Japan have jumped by 40 percent in the first quarter (January-March) of 2021 compared to the last quarter of 2020 (October– December).

The increase is more than 47 percent when compared to the same period last year January– March 2020. These trade figures have been released recently by Japan’s Ministry of Finance.

In a statement issued by the Pakistan Embassy in Japan, the embassy said, “This trend highlights that Pakistan is coming out of the challenges to international trade posed by the current pandemic.

Covid related limitations had brought a slight negative impact on trade between Pakistan and Japan towards the end of last year; however, Pakistan’s exports to Japan bounced back in high numbers.”

In recent months seafood products, petroleum, dry fruits, spices and minerals have contributed to Pakistan’s rising exports to Japan; whereas, a considerable increase has been noticed in the export of woven fabric, knitted garments, honey, sports goods, cutlery, socks, gloves, gems and jewelry and dates.