Latest News

US Tops List of Pakistani Export Destinations in July-August

The United States emerged as the leading destination for Pakistani exports, followed by the United Arab Emirates and the United Kingdom.

During the July-August period of the current fiscal year 2024-25, the United States emerged as the top destination for Pakistani exports, according to recent trade data shared by the State Bank of Pakistan (SBP).

The figures reflect Pakistan’s strong trade relations with the US, showcasing the demand for Pakistani products, particularly textiles, garments, and agricultural goods.

 

Here is a chart comparing Pakistani exports during July-August 2024-25 and the same period in 2023-24. It highlights the changes in export volumes across key countries, showing both increases and decreases in various markets. 

During July and August 2024-25, exports to the US totalled 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 experienced a significant rise in imports from Pakistan, with exports reaching around $401 million, a 35.66% increase from $295.6 million the previous year. The UK ranked third, with exports valued at $366.4 million, up from $351.2 million last year.

Conversely, exports to China fell by 7.66%, totalling $323.4 million, down from $350.3 million. Exports to Germany increased to $287.2 million, up from $253.2 million.

Other noteworthy figures include exports to Holland, which rose to $247.3 million, while exports to Italy decreased to $187 million.

Exports to Spain dropped to $231.9 million, whereas exports to Afghanistan saw a significant rise to $146.7 million, up from $88.4 million last year.

Additionally, exports to Bangladesh increased to $122 million, while those to France decreased to $82.7 million. Exports to Belgium saw a slight rise to $100.4 million, and exports to Saudi Arabia grew to $114.2 million, compared to $95.2 million the previous year.

Exports to Turkiye also experienced a modest increase, reaching $64.8 million from $61.4 million.

 

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button