USA, UK, China top three destinations of Pakistani exports in 7 months
Pakistani exports to Germany stood at US $ 873.241 million
ISLAMABAD (APP) - United States of America (USA) remained the top export destinations of the Pakistani products during the seven months of financial year (2020-21), followed by United Kingdom (UK) and China.
Total exports to the USA during July-January (2020-21) were recorded at US $ 2680.250 million against the exports of US $ 2440.386 million during July-January (2019-20), showing growth of 9.82 percent, according to State Bank of Pakistan (SBP).
This was followed by UK, wherein Pakistan exported goods worth US $ 1135.303 million against the exports of US $ 1004.505 million last year, showing increase of 13.02 percent.
China was the at third top export destination, where Pakistan exported products worth US $ 1026.960 million during the months under review against the exports of US $1063.818 million during last year, showing decline of 3.46 percent, SBP data revealed.
Among other countries, Pakistani exports to Germany stood at US $ 873.241 million against US $799.324 million during last year, showing increase of 9.24 percent while the exports to UAE were recorded at US $ 823.543 million against US $ 978.474 million last year, the data revealed.
During July-January (2020-21), the exports to Holland were recorded at US $617.931 million against US $597.048 million whereas the exports to Afghanistan stood at US $ 543.650 million against US $633.121 million.
Pakistan’s exports to Italy were recorded at $415.005 million against the exports of US $ 463.043 million while the exports to Spain were recorded at US $ 439.280 million against US $525.942 million last year.
The exports to Bangladesh stood at US $ 323.229 million against US $ 440.909 million.
Similarly, the exports to France during the months under review were recorded at US $ 255.567 million against US $ 257.808 million while the exports to Saudi Arabia stood at US $ 276.108 million against US $ 278.954 million.
Pakistan’s exports to Turkey were recorded at US $147.710 million during the current year compared to US $170.734 million last year whereas the exports to Canada stood at US $167.059 million against US $ 168.951 million, to Poland US $ 167.320 million against US $ 157.183 million whereas the exports to Australia stood at US $ 139.947 million during the current year against US $ 117.249 million during last year.
Overall Pakistan’s exports to other countries witnessed decline of 3.80 percent in seven months, from US $ 14.445 billion to US $ 13.896 billion, the SBP data revealed.
