USA, UK, China top three export destinations of Pakistani products

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ISLAMABAD, Mar 11 (APP):The United States of America (USA) remained the top export destinations of the Pakistani products during the first seven months of the current fiscal year, followed by United Kingdom and China.
The total exports to the USA during July-January (2018-19) were recorded at $2363.579 million against the exports of $2236.507 million during July-January (2017-18), showing an increase of 5.68 percent during the period, according to State Bank of Pakistan (SBP).
This was followed by United Kingdom, wherein Pakistan exported goods worth $1038.693 million against the exports of $1010.179 million last year, showing growth of 2.82 percent.
China was the at third where Pakistan exported products worth $1031.816 million during the current fiscal year against the exports of $978.887 million during last fiscal year, showing increase of 5.4 percent, SBP data revealed.
Among other countries, Pakistani exports to Germany stood at $766.825 million against $809.421 million during last year, showing decline of 5.2 percent while the exports to Afghanistan were recorded at $676.335 million against $845.068 million last year, the data revealed.
The exports to United Arab Emirates were recorded at $596.619 million against $619427 million where as the exports to Netherlands (Holland) were recorded at $545.384 million against $437.204 million last year.
During the period under review, the exports to Spain were recorded at $532.829 million against $544.694 million whereas the exports to Italy stood at $448.194 million against $422.696 million.
Pakistan’s exports to Bangladesh were recorded at $451.183 million against $378.801 million last year where as the exports to Belgium stood at $356.712 against $364.539 million and exports to France stood at $268.500 million against $260.044 million.
Similarly, the exports to India during the period under review were recorded at $
$249.840 million against $240.073 million while the exports to Saudi Arabia stood at $ 179.851 million against $191.662 million.
Pakistan’s exports to Indonesia were recorded at $162.224 million during the current fiscal year compared to $939.58 million last year, the exports to Singapore stood at $156.999 million against $158.231 million, to Kenya $127.398 million against $175.809 million whereas the exports to Japan stood at $126.958 million during the current year against $132.060 million during last year.