USA, UK, China remain top three destinations of Pakistani exports

Overall merchandise exports from Pakistan to all other countries witnessed an increase of 32.31 percent during first four months of the current year and mounted to US$ 9.681 billion from US $ 7.322 billion last year

Pakistan exports to UK increased by 30 percent

ISLAMABAD, Nov 30 (APP):The United States of America (USA) remained the top export destinations of the Pakistani products during the first four months of current financial year (2021-22), followed by United Kingdom (UK) and China.
Total exports to the USA during July-October (2021-22) were recorded at US $2096.859 million against the exports of US $1461.197 million during July-October (2020-21), showing growth of 43.50 percent, according to State Bank of Pakistan (SBP).
This was followed by UK, wherein Pakistan exported goods worth US $806.571 million against the exports of US $602.393 million last year, showing increase of 33.89 percent.
China was the at third top export destination, where Pakistan exported products worth US $ 763.572 million during the months under review against the exports of US $ 462.268 million, showing growth of 65.17 percent, SBP data revealed.
Among other countries, Pakistani exports to UAE stood at US $540.112 million against US $448.929 million during last year, showing increase of 20.31 percent while the exports to Germany were recorded at US $536.194 million against US $493.739 million last year, the data revealed.
During July-October (2021-22), the exports to Holland were recorded at US $437.312 million against US $316.348 million whereas the exports to Italy stood at US $327.871 million against US $230.179 million.
Pakistan’s exports to Spain were recorded at $316.495 million against the exports of US $220.219 million while the exports to Afghanistan were recorded at US $158.721 million against US $ 296.563 million last year.
The exports to Bangladesh stood at US $242.511 million against US $169.777 million.
Similarly, the exports to France during the months under review were recorded at US $163.961 million against US $137.575 million while the exports to Belgium stood at US $227.925 million against US $171.012 million.
Pakistan’s exports to Saudi Arabia were recorded at US $127.401 million during the current year compared to US $142.579 million last year whereas the exports to Canada stood at US $125.404 million against US $89.979, to Malaysia US $115.592 million against US $56.605 million.
Overall Pakistan’s exports to all other countries witnessed an increase of 32.31 percent during the months under review, from US $ 7.322 billion to US $ 9.681 billion, the SBP data revealed.