ISLAMABAD: The United States remained the top export destination for the Pakistani products during the first three months of the ongoing financial year 2021/22, followed by China and the United Kingdom.
Total exports to the US during July-September period of 2021/22 were recorded at $1.565 billion against the exports of $1.047 billion during July-September period of 2020/21, showing a growth of 49.4 per cent, according to the State Bank of Pakistan.
This was followed by China; wherein, Pakistan exported goods worth $559.153 million against the exports of $329.421 million last year, showing an increase of 69.73 per cent.
The UK was the third top export destination, where Pakistan exported products worth $549.667 million during the months under review against the exports of $427.540 million last year, showing a growth of 28.56 per cent, the SBP data revealed.
Among other countries, Pakistani exports to the UAE stood at $407.122 million against $322.459 million last year, showing an increase of 26.25 per cent, while the exports to Germany were recorded at $406.261 million against $367.529 million last year.
During July-September 2021/22, the exports to Holland were recorded at $328.654 million against $229.277 million, whereas the exports to Italy stood at $252.776 million against $167.868 million.
Pakistan’s exports to Spain were recorded at $225.079 million against the exports of $147.446 million, while the exports to Afghanistan were recorded at $127.647 million against $ 209.868 million last year.
The exports to Bangladesh stood at $175.389 million against $127.487 million, the data revealed. Similarly, the exports to France during the months under review were recorded at $119.045 million against $91.146 million, while the exports to Belgium stood at $167.374 million against $13.701 million.
Pakistan’s exports to Saudi Arabia were recorded at $93.22 million during the current year, compared with $106.958 million last year, whereas the exports to Canada stood at $91.511 million against $68.198 million, and to Malaysia $83.348 million against $43.922 million.
Overall, Pakistan’s exports to all other countries witnessed an increase of 35.24 per cent during the months under review, from $5.353 billion to $7.241 billion, the SBP data revealed.