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Monday, September 30, 2024  
25 Rabi ul Awal 1446  

US tops list of Pakistani export destinations during July-August

The exports to the US reached approximately $949.9 million in July and August
AFP
AFP

In the first two months of the 2024-25 financial year, the United States emerged as the leading destination for Pakistani exports, followed by the United Arab Emirates and the United Kingdom.

During July and August 2024-25, exports to the US reached approximately $949.9 million, reflecting a 1.62% increase from $934.7 million during the same period last year, according to data from the State Bank of Pakistan (SBP).

The UAE saw a significant rise in imports from Pakistan, with exports totaling around $401 million, up 35.66% from $295.6 million in the previous year. The UK ranked third, with exports valued at $366.4 million, compared to $351.2 million last year.

In contrast, exports to China declined by 7.66%, totaling $323.4 million, down from $350.3 million. Exports to Germany increased to $287.2 million from $253.2 million.

Other notable figures include exports to Holland, which rose to $247.3 million, and Italy, where exports decreased to $187 million. Exports to Spain fell to $231.9 million, while those to Afghanistan increased significantly to $146.7 million from $88.4 million last year.

Additionally, exports to Bangladesh rose to $122 million, and exports to France decreased to $82.7 million. Meanwhile, exports to Belgium increased slightly to $100.4 million, and exports to Saudi Arabia rose to $114.2 million, compared to $95.2 million last year. Exports to Turkiye also saw a modest increase, reaching $64.8 million from $61.4 million.

Read more

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US, China, UAE top destinations for Pakistani exports during July-May

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