News

US, China, UK top destinations of Pak exports: SBP

February 2, 2020 04:49 PM


The United States of America (USA) remained the top export destinations of the Pakistani products during first half of current financial year (2019-20), followed by China and United Kingdom (UK).

The total exports to the USA during July-December (2019-20) were recorded at $2074.168 million against the exports of $2018.797 million during July-December (2018-19), showing an increase of 2.74 percent during the period under review, according to State Bank of Pakistan (SBP), reported APP.

This was followed by China, wherein Pakistan exported goods worth $936.858 million against the exports of $889.642 million last year, showing increase of 5.30 percent.

UK was the third top export destination, where Pakistan exported products worth $863.347 million during the current financial year against the exports of $895.074 million during last fiscal year, showing decrease of 3.54 percent, SBP data revealed.

Among other countries, Pakistani exports to United Arab Emirates (UAE) stood at $827.731 million against $8.221 million during last year, showing increase of 29.69 percent while the exports to Germany were recorded at $670.833 million against $647.285 million last year, the data revealed.

During the first half of financial year, the exports to Afghanistan were recorded at $543.159 million against $534.654 million whereas the exports to Span stood at $445.086 million against $448.162 million.

Pakistan’s exports to Italy were recorded at $386.969 million against $379.409 million last year where as the exports to Bangladesh stood at $369.313 million against $378.193 million.

Similarly, the exports to Belgium during the current financial year were recorded at $266.187 million against $301.740 million while the exports to France stood at $222.013 million against $228.707 million.

Pakistan’s exports to Singapore were recorded at $117.594 million during the current financial year compared to $130.160 million last year whereas, the exports to Canada stood at $143.424million against $148.368 million, to Saudi Arabia $243.213 million against $151.389 million whereas the exports to India stood at $16.878 million during the financial year against $213.655 million during last year.



Most Read

  1. Yet another burden on people: Govt hikes oil prices Yet another burden on people: Govt hikes oil prices
  2. Public reacts to Bohemia's music video ‘Salsa’ starring Sistrology Public reacts to Bohemia's music video ‘Salsa’ starring Sistrology
  3. Saudis offered PIA, airports, joint ventures to build five-star hotels Saudis offered PIA, airports, joint ventures to build five-star hotels
  4. Finance minister rules out further rupee devaluation Finance minister rules out further rupee devaluation
  5. Post-mortem report says woman’s death caused by her falling off train Post-mortem report says woman’s death caused by her falling off train
  6. Hamari Mulaqat: Bushra Ansari opens up about divorce and 2nd marriage to Iqbal Hussain Hamari Mulaqat: Bushra Ansari opens up about divorce and 2nd marriage to Iqbal Hussain

Opinion

  1. Insights into the Pakistan Stock Exchange's Recent Record High Triumph
    Insights into the Pakistan Stock Exchange's Recent Record High Triumph

    By Zulfiqar Ali Mir

  2. IMEC to sabotage CPEC
    IMEC to sabotage CPEC

    By Dr Asif Channer

  3. 1947 TO FORM 47
    1947 TO FORM 47

    By Dr Asif Channer

  4. Beijing wants to further highlight industrial sector in its country and take scientific innovation to new heights....
    Beijing wants to further highlight industrial sector in its country and take scientific innovation to new heights....

    By Ali Ramay

  5. Global race: China will reduce its unnecessary expenses
    Global race: China will reduce its unnecessary expenses

    By Ali Ramay

  6. Channer Pir: The Great Saint of Cholistan
    Channer Pir: The Great Saint of Cholistan

    By Dr Asif Channer