US, China, UK remain top destinations of Pakistani exports

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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