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Exports to Germany show 15.40% increase

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Pakistan’s exports of goods and services to Ger-many has witnessed an increase of 15.40 percent during the six months of financial year (2021-22) as compared to the corresponding period of last year, State Bank of Pakistan (SBP) reported.

The overall exports to Germany were recorded at $864.183 million during July-December (2021-22) against exports of $748.794 million during July- December (2020-21), showing growth of 15.40 percent, SBP data revealed.

Meanwhile, on year-on-year basis, the exports to Germany during December 2021 also increased by 29.81 percent, from $133.250 million against the exports of $172.980 million.On month-on-month basis, the exports to rose by 11.61 percent during December 2021 as compared to the exports of $154.976 million in November 2021, the SBP data revealed.—APP

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