Key points
- US remains the top export destination of Pakistani products
- Pakistan has exported goods worth US $1,286.437 million to China
- UK was the third top export destination for Pakistani products
ISLAMABAD: The United States (US) remained the top export destination of Pakistani products during the first six months of the current financial year 2024-25, followed by China and the United Kingdom (UK).
Total exports to the US during July-December 2024-25 were recorded at US $3,017.563 million against the exports of US $2,748.895 million during July-December 2023-24, showing an increase of 9.77 per cent, according to the State Bank of Pakistan (SBP).
This was followed by China, wherein Pakistan exported goods worth US $1,286.437 million against the exports of US $1,481.762 million last year, showing a decrease of 13.18 per cent.
UK was the third top export destination, where Pakistan exported products worth US $1,100.425 million during the month under review against the exports of US $1,016.449 million, SBP data revealed.
Pakistani exports to UAE
Among other countries, Pakistani exports to UAE stood at US $1088.99 million against US $1000.719 million last year while the exports to Germany were recorded at US $843.722 million against US $732.978 million last year, data said.
During July-December 2024-25, the exports to Holland were recorded at $742.724 million against $670.394 million whereas the exports to Italy stood at $569.347 million against $568.293 million.
Pakistan’s exports to Spain were recorded at $724.913 million against the exports of US $747.933 million while the exports to Afghanistan were recorded at $504.308 million against $262.583 million last year.
The exports to Bangladesh stood at US $386.562 million against US $299.082 million.
Similarly, the exports to France during the months under review were recorded at US $280.560 million against US $254.122 million while the exports to Belgium stood at US $298.951 million against US $277.960 million, according to APP.
According to recent media reports, Pakistan’s key export products include rice, cement, white cement, textiles, sports goods, cotton, as well as seafood and fish. These industries play a crucial role in driving the country’s economy, contributing significantly to its foreign exchange earnings and global trade presence.
