ISLAMABAD: The United States of America (USA) remained the top export destination of Pakistani products during the first six months of the financial year (2021-22), followed by China and United Kingdom (UK).
Total exports to the USA during July-December (2021-22) were recorded at US $3323.788 million against the exports of US $2277.228 million during July-December (2020-21), showing a growth of 45.95 percent, according to the State Bank of Pakistan (SBP).
This was followed by China, wherein Pakistan exported goods worth the US $1332.768 million against the exports of US $837.916 million last year, showing increase of 59.05 percent.
UK was the third top export destination, where Pakistan exported products worth the US $1145.853 million during the months under review against the exports of US $956.524 million, showing growth of 19.79 percent, SBP data revealed.
Among other countries, Pakistani exports to UAE stood at US $869.267 million against the US $697.242 million during last year, showing an increase of 24.67 percent while the exports to Germany were recorded at the US $864.183 million against the US $748.794 million last year, the data said.
During July-December (2021-22), the exports to Holland were recorded at $682.459 million against $516.107 million whereas the exports to Italy stood at $488.689 million against $355.294 million.
Pakistan’s exports to Spain were recorded at $508.334 million against the exports of US $362.782 million while the exports to Afghanistan were recorded $240.504 million against $ 450.772 million last year.
The exports to Bangladesh stood at US $399.408 million against US $274.246 million. Similarly, the exports to France during the months under review were recorded at US $256.323 million against US $212.560 million while the exports to Belgium stood at US $361.983 million against US $262.101 million.
Pakistan’s exports to Saudi Arabia were recorded at US $195.688 million during the current year compared to US $244.232 million last year whereas the exports to Canada stood at US $194.453 million against US $143.382, to Malaysia US $188.721 million against US $85.063 million.
Overall Pakistan’s exports to all other countries witnessed an increase of 28.96 percent during the months under review, from US $11.814 billion to US $15.236 billion, the SBP data revealed.