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Home Business & Stock

US, China, UK top three export hubs for Pakistani products

MM News Staff by MM News Staff
September 12, 2019
Reading Time: 1 min read
ISLAMABAD: The United States remained among the top exports destinations of the Pakistani products followed by China and the United Kingdom during the first month of the current financial year 2019-20 as compared to the same month of last year.

During the month of July 2019, the total exports to the US were recorded at $373.514 million against the exports of $328.090 million, showing an increase of 13.84 percent during the period under review, according to the data issued by State Bank of Pakistan (SBP).

This was followed by China, wherein Pakistan exported goods worth $167.058 million against the exports of $152.043 million the same months of last year, showing growth of 9.87 percent.

To United Kingdom (UK), Pakistan exported products worth $147.333 million during the current fiscal year against the exports of $153.702 million during last fiscal year, showing a decrease of 14.4 percent, SBP data revealed.

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Among other countries, Pakistani exports to Germany stood at $116.041 million against $116.064 million during last year, showing a decline of 0.01 percent while the exports to Afghanistan were recorded at $108.642 million against $127.475 million last year, the data revealed.

The exports to the Netherlands (Holland) were recorded at $85.398 million against $80.424 million whereas the exports to Spain were recorded at $81.468 million against $74.632 million last year.

Tags: DataexportspakistanUAEUKUS
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