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US, China remain top export destinations in 5 months

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The US remained the top export destination for Pakistan during the first five months (July-Nov) of the current fiscal year 2021-22.

According to the data released by the State Bank of Pakistan (SBP), China, the United Kingdom, Germany and UAE remained the next top destinations, respectively, for Pakistani exports.

According to details, exports to the United States surged to $2.68b in July-Nov period, against the exports of $1.85 billion in the same period of last financial year 2020-21, showing an increase of 45 percent. Likewise, Pakistan exported goods worth $1b to China against the exports of $615.7b from July to Nov 2021-22, showing a growth of 65 percent on a year-on-year basis.

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