USA, UK, China top 3 export destinations of Pakistani products

ISLAMABAD: The United States of America (USA) was the top export destinations of Pakistani products during the first seven months of the current fiscal year, followed by United Kingdom (UK) and China.

According to State Bank of Pakistan (SBP), the total exports to the USA during July-January (2018-19) were recorded at $2363.579 million against the exports of $2236.507 million during July-January (2017-18), marking a growth of 5.68 percent during the period.

To the UK, Pakistan exported goods worth $1038.693 million against the exports of $1010.179 million last year, showing an increase of 2.82 percent.

China stood at third spot where Pakistan exported products worth $1031.816 million during the current fiscal year against the exports of $978.887 million during the last fiscal year, showing a growth of 5.4 percent.

Pakistan’s exports to Bangladesh were recorded at $451.183 million against $378.801 million last year where as exports to France stood at $268.500 million against $260.044 million and to Netherlands (Holland), exports were recorded at $545.384 million against $437.204 million last year.

The SBP data also revealed other countries with a declining exports’ trend, with India, Pakistani exports were recorded at $249.840 million against $240.073 million while the exports to Saudi Arabia stood at $ 179.851 million against $191.662 million.

Exports to Afghanistan were recorded at $676.335 million against $845.068 million last year.

The exports to United Arab Emirates were recorded at $596.619 million against $619427 million.