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US, China, UK remain top destinations of Pakistani exports

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The United States of America (USA) remained the top export destinations of the Pakistani products during the first five months of current financial year (2021-22), followed by China and United Kingdom (UK).

Total exports to the USA during July-November (2021-22) were recorded at US $2682.695 million against the exports of US $1855.712 million during July-November (2020-21), showing growth of 44.56 percent, according to State Bank of Pakistan (SBP).

This was followed by China, wherein Pakistan exported goods worth US $1018.129 million against the exports of US $615.738 million last year, showing increase of 65.35 percent.

UK was the at third top export destination, where Pakistan exported products worth US $943.859 million during the months under review against the exports of US $773.871 million, showing growth of 21.96 percent, SBP data revealed. Among other countries, Pakistani exports to UAE stood at US $689.538 million against US $565.423 million during last year, showing increase of 21.95 percent while the exports to Germany were recorded at US $691.170 million against US $615.544 million last year, the data revealed.—TLTP

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