Daily Times

The United States (US) remained the top export destination of Pakistani products during the first two months of the current financial year 2024-25, followed by the United Arab Emirates (UAE) and United Kingdom (UK).

Total exports to the US during July-August 2024-25 were recorded at US $949.855 million against the exports of US $934.666 million during July-August 2023-24, showing an increase of 1.62 percent, according to the State Bank of Pakistan (SBP).

This was followed by the UAE, wherein Pakistan exported goods worth US $400.977 million against the exports of US $295.563 million last year, showing an increase of 35.66 percent. UK was the third top export destination, where Pakistan exported products worth US $366.370 million during the month under review against the exports of US $351.186 million, SBP data revealed.

Among other countries, Pakistani exports to China stood at US $323.435 million against US $350.297 million last year, showing a decrease of 7.66 percent while the exports to Germany were recorded at US $287.169 million against US $253.155 million last year, data said.

During July-August 2024-25, the exports to Holland were recorded at $247.343 million against $226.624 million whereas the exports to Italy stood at $186.984 million against $195.539 million. Pakistan’s exports to Spain were recorded at $231.945 million against the exports of US $242.201 million while the exports to Afghanistan were recorded at $146.655 million against $ 88.393 million last year. The exports to Bangladesh stood at US $122.004 million against US $98.589 million.