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Pakistan’s regional exports increase 21.68% in 7 months

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Pakistan’s exports to the seven regional countries witnessed an increase of 21.68 per cent in the first seven months of the financial year (2023-24) as compared to the corresponding months of last year. The country’s exports to the regional countries including Afghanistan, China, Bangladesh, Sri Lanka, India, Nepal, and the Maldives account for a small amount of $2614.021 million, which is 14.54 per cent of Pakistan’s overall exports of $17977.963 million during July-January (2023-24), State Bank of Pakistan (SBP) reported. China tops the list of countries in terms of Pakistan’s exports to its neighbouring, leaving behind other countries such as Bangladesh and Afghanistan.

Pakistan carried out its border trade with the farther neighbour Sri Lanka, India, Nepal, and Maldives. Pakistan’s exports to China witnessed an increase of 44.53 per cent to $1726.679 million in seven months of this year from $1194.639 million last year while exports to Afghanistan witnessed a nominal decline of 0.08 percent from $285.177 million to $284.927 million.—APP

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