Islamabad: Pakistan's pharmaceutical exports have witnessed a historic increase, reaching $457 million during the current financial year due to the support of the Special Investment Facilitation Council. According to Radio Pakistan, the exports of therapeutic products, including pharmaceuticals, surgical items, dietary supplements, and medical devices, have recorded a substantial growth, reaching $909 million. The Chairman of the Pakistan Pharma Manufacturers Association highlighted that the exports of pharmaceuticals alone surged by 34% during the current fiscal year, attributing this growth to the government's reasonable pricing policy. The Chairman further mentioned that the policy of price deregulation aligns with international standards, which has resulted in increased investment and production in the sector. He noted that Afghanistan, the Philippines, Sri Lanka, Uzbekistan, and Iraq are among the major buyers of Pakistani medicines. Additionally, Kenya, Vietnam, Myanmar, and Thailand also present sign ificant potential for exports. There is optimism for the future as it is expected that Pakistani pharmaceutical exports could reach $1.5 trillion in the global market by the year 2030.
Home » Pakistan’s Pharmaceutical Exports Witness Historic Increase
Pakistan’s Pharmaceutical Exports Witness Historic Increase
- RECENT NEWS
Gilani Stresses Policy Stability to Strengthen Capital Market
September 7, 2026
Women’s Asia Cup: Pakistan Beat Hong Kong by 72 Runs
September 7, 2026
Pakistan Rejects India’s Assertions on Jammu and Kashmir Status
September 7, 2026
PM Shehbaz Hails PAF’s Legacy of Valour, Sacrifice
September 7, 2026
Aurangzeb Reviews Progress on Closure of PASSCO and USC
September 7, 2026
Peshawar: Students Term Creation of New Provinces Necessary for Country
September 7, 2026
Peshawar: Students Term Creation of New Provinces Necessary for Country
September 7, 2026
PAF Releases New Rousing Song on Occasion of Air Force Day
September 7, 2026
Exports of Pakistani Dates Can Strengthen Economy: Governor Punjab
September 7, 2026
PM Shehbaz Prays for Early Recovery of Khalil-ur-Rehman Ramday
September 7, 2026
Pakistan Air Force Commemorates Martyrs’ Day with Solemn Ceremonies
September 7, 2026