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

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Staff Reporter

Islamabad

The United States of America (USA) remained the top export destinations of the Pakistani products during the financial year (2018-19), followed by China and United Kingdom (UK).
The total exports to the USA during July-June (2018-19) were recorded at $4032.998 million against the exports of $3869.875 million during July-June (2017-18), showing an increase of 4.21 percent during the period, according to latest data issued by State Bank of Pakistan (SBP).
This was followed by China, wherein Pakistan exported goods worth $1850.640 million against the exports of $1752.822 million last year, showing growth of 5.58 percent.
UK was the at third top country where Pakistan exported products worth $1754.882 million during the financial year against the exports of $1774.299 million during last fiscal year, showing decrease of one percent, SBP data revealed.
Among other countries, Pakistani exports to United Arab Emirates (UAE) stood at $1372.045 million against $1381.806 million during last year, showing decrease of 0.70 percent while the exports to Germany were recorded at $1303.671 million against $1365.495 million last year, the data revealed.
During the period under review, the exports to Afghanistan were recorded at $1189.977 million against $1494.923 million whereas the exports to Span stood at $926.967 million against $942.205 million.
Pakistan’s exports to Bangladesh were recorded at $742.979 million against $727.215 million last year where as the exports to Italy stood at $804.198 million against $769.085 million.
Similarly, the exports to Belgium during the financial year were recorded at $609.003 million against $640.856 million while the exports to France stood at $ 443.345 million against $456.366 million.
Pakistan’s exports to India were recorded at $312.032 million during the financial year compared to $419.773 million last year whereas, the exports to Singapore stood at $264.500 million against $311.390 million, to Indonesia $243.197 million against $246.121 million whereas the exports to Japan stood at $216.403 million during the financial year against $215.033 million during last year.

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