USA, UK, China top three destinations of Pakistani exports

Author: APP

The United States of America (USA) remained the top export destination of the Pakistani products during the first ten months of financial year (2020-21), followed by the United Kingdom (UK) and China.

Total exports to the USA during July-April (2020-21) were recorded at $4019.722 million against the exports of $3368.090 million during July-April (2019-20), showing growth of 19.34 percent, according to State Bank of Pakistan (SBP).

This was followed by the UK, wherein Pakistan exported goods worth $1691.314 million against the exports of $1386.999 million last year, showing an increase of 21.94 percent. China was the third top export destination, where Pakistan exported goods worth $1640.629 million during the months under review against the exports of $1411.004 million during last year, showing growth of 16.27 percent, SBP data revealed.

Among other countries, Pakistani exports to Germany stood at $1245.122 million against $1116.232 million during last year, showing increase of 11.54 percent while the exports to UAE were recorded at $1215.939 million against $1377.287 million last year, the data revealed.

Share
Leave a Comment

Recent Posts

  • World

Saudi Arabia denounces the ‘Greater Israel’ map, which claims territories from Jordan, Syria, and Lebanon

Gulf nations, including Qatar, the UAE, and Saudi Arabia, have strongly condemned an Israeli map…

6 hours ago
  • Business

Fatima Fertilizer celebrates Kissan Day as national triumph for farmers

Fatima Fertilizer marked the sixth Kissan Day with a landmark celebration in Islamabad, uniting policymakers,…

6 hours ago
  • Business

FBR seeks proposals to phase out tax exemptions in coming budget

The Federal Board of Revenue (FBR) has initiated consultations with key stakeholders to finalise proposals…

6 hours ago
  • Business

Ahsan seeks marketing templates for Gwadar Port’s trade routes

Minister for Planning, Development and Special Initiatives Professor Ahsan Iqbal on Wednesday directed the quarters…

6 hours ago
  • Business

PSX stays bearish, loses 1,904 points

The 100-Index of the Pakistan Stock Exchange (PSX) continued with bearish trend on Wednesday, losing…

6 hours ago
  • Business

Rupee sheds 6 paisa against dollar

Pakistani rupee on Wednesday depreciated by 6 paisa against the US dollar in the interbank…

6 hours ago