Pak-US trade witnesses over 44% growth during FY2022

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Pakistan US

Pakistan’s goods and services trade with the United State of America (USA) witnessed an increase of 44.91 percent during twelve months of fiscal year (2021-22) as compared to the corresponding period of last year.

The overall exports to the USA were recorded at US $ 6798.982 million during July-June (2021-22) against exports of US $5030.724 million during July-June (2020-21), showing growth of 35.14 percent, SBP data revealed.

Meanwhile, on year-on-year basis, exports to USA during June 2022 also surged by 15.38 percent from US $ 555.492 million to US $ 640.935 million. Similarly, month-on-month exports to the USA rose by 18.38 percent during June 2022 as compare with exports of US $ 541.391 million in May 2022.—APP

 

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