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Exports hard hit by virus crisis

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  • Post category:Economy / Featured
  • Post last modified:05/04/2020
  • Reading time:2 mins read

KARACHI: As the importers and consumers all over the world are occupied combating the mysterious respiratory ailment caused by Coronavirus, a large number of ships stopped carrying goods while sizable  volume of export orders have been deferred.

As a result one can see a mountain of  6,935 containers at the port here that has accumulated from 22nd of March till present. Moreover, 50% lesser containers reached the port since mid of March, 2020 as the exporters did not send them to the port following cancellation of orders.

According to details, 31 percent decline in export shipment had been observed at Karachi Port. Out of 19,625 containers that reached the port only 12,690 were shipped from 22nd of last month till yesterday (3rd of April, 2020) It is pertinent to mention here that during this period of time 38, 640 containers were received by the port as compared to 19, 625 this year. 

Exports from eastern border are almost zero as Pakistan has already suspended exports to Indian at Wagha border. Moreover, due to closure of airspace only 15 percent cargo is being exported par avion. | YouTube Channel

M M Alam

M. M. Alam is a Pakistan-based working journalist since 1981. Karachi University faculty gold medalist Alam began his career four decades ago by writing for Dawn, Pakistan’s highest circulating English daily. He has worked for region’s leading publications, global aviation periodicals including Rotors (of USA) and vetted New York Times as permanent employee of daily Express Tribune. Alam regularly covers international aviation and defense-related events including Salon Du Bourget (France), Farnborough (United Kingdom), Dubai (UAE). Alam has reported thousands of events and interviewed hundreds of people in Pakistan, UAE, EU, UK and USA. Being Francophone Alam also coordinates with a number of French publications.