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Pak exports to China up by 5.16% in 2 months

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Pakistan’s export of goods and services to China witnessed an increase of 5.16 per cent during the first two months of the current fiscal year (2023-24) as compared to the exports of the corresponding period of last year, State Bank of Pakistan (SBP) reported.

The overall exports to China were recorded at US $350.297 million during July-August (2023-24) against exports of US $333.077 million during July-August (2022-23), showing growth of 5.16 per cent, SBP data revealed.

On a year-to-year basis, the exports to China also surged by 25.09 per cent from $159.021 million in August 2022, against the exports of $198.932 million in August 2023.

Meanwhile, on a month-on-month basis, the exports to China rose by 31.42 per cent during August 2023 as compared to the exports of $151.365 million in July 2023, the SBP data revealed.—APP

 

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