US, UK, China top 3 destinations of Pakistani exports: SBP

30
Islamabad

The United States of America (USA) remained the top export destinations of the Pakistani products during the fiscal year (2020-21), followed by United Kingdom (UK) and China.

The total exports to the USA during July-June (2020-21) were recorded at US $ 5029.400 million against the exports of US $ 3915.226 million during July-June (2019-20), showing growth of 28.45 per-cent during the period under review, according to State Bank of Pakistan (SBP).

This was followed by UK, wherein Pakistan ex-ported goods worth $ 2047.079 million against the exports of $ 1638.544 million last year, showing increase of 24.93 percent.

China as the at third top export destination, where Pakistan exported products worth US $ 2043.206 million during fiscal year under review against the exports of US $ 1663.962 million during last fiscal year, showing growth of 22.79 percent, SBP data revealed.Among other countries, Pakistani exports to United Arab Emirates (UAE) stood at US $ 1487.279 mil-lion against $ 1588.330 million during last year, showing decrease of 6.36 percent while the exports to Germany were recorded at US $ 1511.227 million against US $ 1302.991 million.—APP

Previous articleGovt urged for steps to manufacture solar panels in Pakistan
Next articleWind, solar projects soon to account for 7pc of electricity generated in Pakistan