ISLAMABAD: United States (US) remained the top export destination of Pakistani products during the twelve months of fiscal year (2021-22), followed by China and United Kingdom (UK).
Total exports to the US during July-June (2021-22) were recorded at $6798.982 million against the exports of $5030.724 million during July- June (2020-21), showing a growth of 35.14 percent, according to State Bank of Pakistan (SBP) data.
This was followed by China, wherein Pakistan exported goods worth $2781.480 million against the exports of $2043.887 million during last year, showing an increase of 36.08 percent.
UK was the at third top export destination, where Pakistan exported products worth $2200.007 million during the months under review against the exports of $2048.293 million, showing growth of 7.40 percent, SBP data revealed.
Among other countries, Pakistani exports to UAE stood at $1842.961 million against $1488.127 million during last year, showing an increase of 23.84 percent while the exports to Germany were recorded at $1747.967 million against $1512.776 million last year, the data showed.
During July-June (2021-22), the exports to Holland were recorded $1486.798 million against $ 1118.342 million whereas the exports to Italy stood at $1085.675 million against $774.658 million.
Pakistan’s exports to Spain were recorded at $1149.474 million against the exports of $801.702 million while the exports to Afghanistan were recorded $552.518 million against $983.314 million during last year.
The exports to Bangladesh stood at $870.604 million against $616.202 million, showing growth of 41.28 percent, according to SBP data.
Similarly, the exports to France during the period under review were recorded at $531.565 million against $435.471 million while the exports to Belgium stood at $716.710 million against $584.370 million.
Pakistan’s exports to Saudi Arabia were recorded at $420.288 million during the current year as compared to $446.062 million last year whereas the exports to Canada stood at $403.640 million against $312.173, to Malaysia $432.695 million against $236.172 million.
Overall Pakistan’s exports to all countries also witnessed an increase of 26.56 percent in twelve months, from $25,638.974 million to $32,450.087 million, the SBP data revealed.
