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KARACHI: United States of America (USA) remained the top export destination of Pakistani products during the first ten months of financial year 2020-21, followed by United Kingdom (UK) and China.
The 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 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 US $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% while the exports to UAE were recorded at $1215.939 million against $1377.287 million last year, the data revealed.
During July-April (2020-21), the exports to the Netherlands were recorded at $922.819 million against $850.421 million whereas the exports to Afghanistan stood at $828.727 million against $809.685 million.
Pakistan’s exports to Italy were recorded at $629.917 million against the exports of $642.617 million while the exports to Spain were recorded at $668.773 million against $751.606 million last year. The exports to Bangladesh stood at $497.396 million against $599.658 million.
Similarly, the exports to France during the months under review were recorded at $361.699 million against $358.620 million while the exports to Saudi Arabia stood at $401.643 million against $388.610 million.
Pakistan’s exports to Turkey were recorded at $218.069 million during the current year compared to $240.196 million last year whereas the exports to Canada stood at $253.928 million against $231.242 million, to Poland $247.839 million against $218.654 million whereas the exports to Australia stood at $216.939 million during the current year against $170.321 million during last year.
Overall Pakistan’s exports to other countries witnessed growth of 6.54 percent in ten months, from $19.703 billion to $20.992 billion, the SBP data showed.
