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Pakistan’s exports to China surged by 100%

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Pakistan’s exports to China in September 2023 have surged by an impressive 100.5% compared to the corresponding month during the previous financial year, according to the Trade Development Authority Pakistan (TDAP)’s latest report. The total value of Pakistan’s exports to China in September 2023 amounted to $350.2 million, marking a robust 100.5% increase compared to the exports valued at $174.7 million during the corresponding month in the previous financial year. According to a Gwadar Pro’s report, in September, Pakistan’s total exports to all partner countries of the world were recorded at $2.465 billion, with China’s share amounting to $14.20 million. During the first quarter of FY 23- 24, Pakistan’s exports to all partner countries of the world reached $6.899 billion. Of this total, exports to China amounted to $729.7 million, accounting for approximately 10.57% of Pakistan’s overall exports. Pakistan’s exports to China remained steady at $168.5 million, $211 million, and $350.2 million for July, August, and September, respectively, as per the official statistics. In September 2023, Pakistan’s exports to various countries, showing an increase, were $111.0 million to the United Arab Emirates, $56.6 million to Saudi Arabia, $34.4 million to Malaysia, $33.6 million to Turkey, $33.2 million to Sri Lanka, $29.9 million to Viet Nam, $28.6 million to Poland, $27.3 million to South Korea, and $18.4 million to Yemen.

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