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. Here are some unknown facts about Mahira Khan hubby Salim Karim Here are some unknown facts about Mahira Khan hubby Salim Karim
  2. Dutch scientist predicts massive quake to hit Balochistan in next 48 hours Dutch scientist predicts massive quake to hit Balochistan in next 48 hours
  3. Electricity bills nonpayment lands Master Tile owner in lock-up Electricity bills nonpayment lands Master Tile owner in lock-up
  4. Saba Qamar’s controversial dance moves land her in trouble Saba Qamar’s controversial dance moves land her in trouble
  5. 134 more suspects identified in MDCAT scandal 134 more suspects identified in MDCAT scandal
  6. Mahira Khan ties the knot with Salim Karim in western-style wedding ceremony Mahira Khan ties the knot with Salim Karim in western-style wedding ceremony

Opinion

  1. Wave of terror attacks targets places of worship in Pakistan, resilience remains unshaken
    Wave of terror attacks targets places of worship in Pakistan, resilience remains unshaken

    By Rehan Khan Ghauri

  2. Gandhi for the world and Godse for India:Subterfuge or plainspokenness
    Gandhi for the world and Godse for India:Subterfuge or plainspokenness

    By Dr Ghulam Nabi Fai

  3. China National Day: Strengthening China-Pakistan Friendship and Coordinated Economic Cooperation
    China National Day: Strengthening China-Pakistan Friendship and Coordinated Economic Cooperation

    By Dr Asif Channer

  4. Gender equality: A pre-requisite for a balanced society
    Gender equality: A pre-requisite for a balanced society

    By Mehak Sabir

  5. Time to move on and build a better Pakistan
    Time to move on and build a better Pakistan

    By Murtaza Rafiq Bhutto