Pakistan set to meet $150m mango export target for 2020

Author: News Desk

Pakistan is expected to meet mango export target of $150 million by end of 2020 season, contrary to the prediction that the export will be affected due to coronavirus pandemic.

According to a report published by Gwadar Pro on Thursday, the country has already surpassed its mango export target by 45,000 tons despite grave challenges arising from the global outbreak of Covid-19. Quoting All Pakistan Fruit & Vegetable Exporters, Importers & Merchants Association (PFVA), the report stated that the country has so far exported 125,000 tons of mangoes, fetching valuable and much needed foreign exchange of $72 million, as against the corona-revised target of 85,000 tons for 2020.

Earlier, Pakistan’s registered a record high in export of fruits and vegetables was 12.5 percent, amounting to $730 million in FY2019-20, despite the global pandemic. This is also the highest revenue in terms of foreign exchange generation. During the last year, the export of fruits was enhanced by 3.8 percent while the vegetables reflected an increase in export by 28 percent. Export of fruits fetched $431.27 million while export of the vegetables generated $30 million.

The government took wise and on-time decisions to especially enhance mango export this year through its unique marketing strategies and trade diplomacy. To export Pakistani fruits and vegetables was almost impossible due to the pandemic and resulting lock downs. However, the exporters translated these challenges into opportunities by enhancing exports of this sector and adopting realistic strategies.

Pakistan International Airlines gave discounted freight charges of up to 30 percent for mango exports to ease pressure amid the global shut down due to Covid-19. To further boost the mango export, Pakistan embassies in various countries arranged mango exhibitions, introducing Pakistani mangoes to local people.

Pakistan exports mangoes to 40 countries of the world, and by adopting meticulous planning and removal of barriers restricting exports, Pakistan can gain access to bigger and high value international markets. Pakistan ranks sixth in the world in terms of mangoes production and fifth in terms of mango export in the world, having around 5% share.

Share
Leave a Comment

Recent Posts

  • Pakistan

PM Shahbaz Sharif Says Track & Trace is Nothing but a Cruel Joke

  Prime Minister Shahbaz Sharif of Pakistan has declared the Track & Trace system, a…

3 hours ago
  • Pakistan

Jolion HEV Officially Launched in Pakistan!

The strategic partnership of GWM and SAZGAR brought with it the world renowned Haval brand…

7 hours ago
  • Lifestyle

Celebrating Tradition: World’s Largest Rallis Crafted by Sindhi Artisans

In a celebration of heritage, skilland craftsmanship, we are pleased to announce the creation of…

8 hours ago
  • Pakistan

Wajood Society Pioneers Pakistan’s First Alliance of Transgender Adolescents and Youth

Multan, South Punjab, Pakistan - April 25, 2024 - In a historic stride towards inclusivity…

8 hours ago
  • Business

KSE-100 rallies over 1% to hit another record high

The Pakistan Stock Exchange's (PSX) benchmark KSE-100 Index hit a fresh peak on Friday, as…

8 hours ago
  • Business

Kaspersky Next: new flagship product line for business

Kasperskyintroduces its new flagship product line 'Kaspersky Next' combining robust endpointprotection with the transparency and…

8 hours ago