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Export turnover achieves record $39.5bn this year

19 Dec '06
1 min read

Export turnover this year achieved a record US $39.5 billion, a hike of 22 percent compared to last year, more than $2 billion over previous year's target, official sources informed.

Contribution by foreign investment business stood at $22.9 billion, a year-on-year increase of 42.5 percent.

Foreign invested businesses contributed $22.9 billion to the figure, a 42.5 percent year-on-year increase.

The garment and textile sector excluding crude oil is leading export turnover with $5.9 billion, a surge of 22 percent than last year.

The US remained on top of countries exported with goods worth $2.7 billion followed by EU and Japanese markets.

Footwear exports stood about $3.5 billion, a 15 percent increase over last year.

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