Pakistan’s regional exports increase 8.57% in July

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Pakistan’s exports to the seven regional countries witnessed an increase of 8.57 percent during the first month of current fiscal year, as compared to the corresponding month of last year.

The country’s exports to seven regional countries including Afghanistan, China, Bangladesh, Sri Lanka, India, Nepal and the Maldives account for a small amount of $306.274 million, which is 13.34 percent of Pakistan’s overall exports of $2295.027 million during July 2022, 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 Bangladesh and Afghanistan.

Pakistan carried out its border trade with the farther neighbour Sri Lanka, India, Nepal and Maldives. Pakistan’s exports to China posted growth of 4.99 percent to $174.076 million during the month under review from $165.787 million during first month last year while exports to Bangladesh also increased by 40.11 percent to $71.507 million from $51.033 million. —APP

 

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