Rising shipping costs affect Pakistan kinnow exports
According to Vice President of Pakistan Businesses Forum Chaudhry Ahmad Jawad, the global trade is f…According to Vice President of Pakistan Businesses Forum Chaudhry Ahmad Jawad, the global trade is feeling the pressure from rising costs of shipping, and unfortunately, this affecting the ongoing kinnow exports as well.
The rising shipping cost will impact the export of Pakistan’s kinnows to Canada, Russia, Ukraine, Indonesia and the Philippines. These countries account for 50 percent of Pakistan’s total kinnow export. The freight charges were between $2500 and $3000. Now, this rate has gone up to $7000.