ISLAMABAD: The United States remained the top export destinations of Pakistani products during the ten months of fiscal year (2021-22), followed by China and United Kingdom (UK).
Total exports to the USA during July-April (2021-22) were recorded at US $5616.739 million against the exports of $4020.901 million during July-April (2020-21), showing a growth of 39.68 percent, according to State Bank of Pakistan (SBP) data.
This was followed by China, wherein Pakistan exported goods worth $2342.526 million against the exports of $1641.283 million during last year, showing an increase of 42.72 percent.
UK was the at third top export destination, where Pakistan exported products worth $1851.389 million during the months under review against the exports of $1692.370 million, showing growth of 9.39 percent, SBP data revealed.
Among other countries, Pakistani exports to UAE stood at $1549.641 million against $1216.865 million during last year, showing an increase of 27.34 percent while the exports to Germany were recorded at $1430.797 million against $1246.845 million last year, the data showed.
During July-April (2021-22), the exports to Holland were recorded $1204.618 million against $922.989 million whereas the exports to Italy stood at $856.711 million against $631.094 million.
Pakistan’s exports to Spain were recorded at $939.693 million against the exports of $668.746 million while the exports to Afghanistan were recorded $436.180 million against $828.746 million during last year.
The exports to Bangladesh stood at $720.854 million against $497.556 million, showing growth of 44.87 percent, according to SBP data.
Similarly, the exports to France during the months under review were recorded at $430.090 million against $361.746 million while the exports to Belgium stood at $589.465 million against $469.392 million.
Pakistan’s exports to Saudi Arabia were recorded at $345.606 million during the current year as compared to $401.915 million last year whereas the exports to Canada stood at $328.451 million against $254.288, to Malaysia $357.916 million against $182.300 million.
Overall Pakistan’s exports to other countries witnessed an increase of 27.76 percent in ten months, from US $21.016 billion to US $26.852 billion.