The United States (US) retained its position as Pakistan’s top export destination during the first four months of the current financial year 2024-25, followed by China and the United Kingdom (UK).
According to the State Bank of Pakistan (SBP), exports to the US during July-October 2024-25 reached $2,037.27 million, compared to $1,862.09 million during the same period in 2023-24, reflecting an increase of 9.4%.
China ranked second, with Pakistani exports amounting to $813.44 million, a decline of 14.59% compared to $952.44 million in the previous year.
The UK was the third-largest export market, with goods worth $761.39 million exported, up from $690.58 million last year.
Among other notable destinations, exports to the UAE stood at $737.43 million, rising from $624.43 million, while exports to Germany amounted to $579.14 million, an increase from $487.83 million during the same period last year.
Exports to the Netherlands totaled $501.32 million, up from $448.26 million, while exports to Italy declined slightly to $394.41 million from $409.40 million.
Pakistan’s exports to Spain were recorded at $478.88 million, down from $516.58 million, while exports to Afghanistan increased significantly to $291.77 million, compared to $182.62 million in the previous year.
Exports to Bangladesh rose to $247.31 million from $192.31 million, and exports to France stood at $187.22 million, compared to $172.51 million last year. Belgium saw exports increase to $208.25 million from $182.99 million.
Exports to Saudi Arabia rose to $245.57 million from $214.98 million, while exports to Turkiye declined to $113.50 million, compared to $131.13 million in the previous year.
