Saturday, January 3, 2026

FBR orders scrutiny of 480 exporters’ tax records, sparking concern in business community

Tax body directs field formations to investigate exporters' filings for inconsistencies in taxable income

Pakistan’s exports to US drop 8% to $439 million in November, despite tariff advantage

Exports for the first five months of FY26 reach $2.5 billion; India’s exports surge 22% to $38 billion; report warns of a potential 30% decline in future exports due to tariff challenges

Pakistan allows kinnow, potato exports to Commonwealth of Independent States via Iran land route

One-time exemption from financial instruments granted for current export season

Pakistan targets $110 million from kinnow exports as new season begins with 6,000 tons shipped

Bumper production of 2.7 million tons expected, but exporters warn outdated varieties and costly trade routes threaten long-term growth

Pakistan’s exports to five Central Asian nations fall 9.6% despite transit deals, recent high-level engagements

Shipments to Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan plunge to $62.5 million in July–October FY26, while imports drop 63% to $15.8 million despite transit arrangements and recent high-level engagements

Pakistan’s services exports rise 16% to $3.03bn in four months; imports up 12%

Services trade deficit widens to $1.16 billion in July–October as both exports and imports continue to grow

70% of Pakistan’s exports at risk due to firms’ non-compliance with global requirements, warns World Bank official

Experts warn that Pakistan faces rising pressure from EU and other key markets as new traceability and labour-reporting rules require verified, transparent supply chains.

Pakistan’s exports fall 15.4% in November, marking fourth straight monthly decline

Merchandise exports drop to $2.39bn; July–November shipments shrink 6.39% amid weak global demand and rising business costs

Pakistan exports to Europe rise 5.66% to $3.174 billion in first four months of FY26

Exports to southern, eastern, and northern Europe increase, with EU earnings up to $8.863 billion in FY25

Pakistan’s textile exports rise 2.5% to $1.62 billion in October 2025

Textile exports for the first four months of FY2026 reach $6.39 billion, marking a 3.9% increase from $6.15 billion in the same period of FY2025

Committee formed to resolve challenges in Pakistan’s meat exports to Malaysia

High-level meeting identifies obstacles, including high production costs and lack of processing facilities

Pakistan’s Q1 FY26 exports fall to $7.6 billion, trade deficit rises to $16.97 billion

September exports at $2.5bn, imports $5.84bn, trade deficit $3.34bn; Q1 slowdown driven by textile slump, services exports up 11.7%

US retains top spot for Pakistani exports in July-August 2025-26

Exports to US rise to $1.112bn, UK $385m, China $354m; shipments to UAE and Türkiye decline

Pakistan’s rice exports to China surge 68.5% amid growing demand

Exports reach $44.31 million in the first eight months of 2025, with semi-milled rice driving growth

Pakistan’s rice exports fall 32% in July–August, overall food exports down 23%

Basmati rice exports fall to 101,934 metric tons worth $107.29 million; overall rice exports total $314.39 million; food imports rise 36.7% during first two months of FY26