Observer Report Beijing
Pakistan’s export to China crossed $1.735 billion in January-to-June in the first half of 2021, shows the official data from the General Administration of Customs of the People’s Republic of China (GACC).
China Economic Net reported that exports from Pakistan to China increased by 70.3% during the first half of the current fiscal year (2020-2021), according to GACC figures.
Despite the Covid-19 pandemic, bilateral trade has increased significantly. Pakistan’s exports stood at $1.735 billion in the first half of FY21, up 70.3 percent from $1.019 billion in the same period of the previous year.
Last month Pakistani Adviser to Prime Minister on Commerce and Investment, Abdul Razak Dawood announced via Twitter that Pakistan’s export to China registered an increase of 34% in FY2020-21.
“I’m pleased to share that our exports have done quite well in our major markets.