US, China, UK high three locations of Pakistani exports throughout July-Sept

ISLAMABAD-The USA (US) remained the highest export vacation spot of Pakistani merchandise throughout the first three months of the present monetary yr 2023-24, adopted by China and the UK (UK). Complete exports to the US throughout July-September 2023 had been recorded at $1376.125 million in opposition to the exports of $1658.815 million throughout July-September 2022, exhibiting a decline of 17.04 p.c, based on the State Financial institution of Pakistan (SBP). This was adopted by China, whereby Pakistan exported items price $633.374 million in opposition to the exports of $501.000 million final yr, exhibiting a rise of 26.42 p.c.
UK was the third high export vacation spot, the place Pakistan exported merchandise price $518.948 million throughout the months beneath evaluate in opposition to the exports of $519.948 million, SBP information revealed. Amongst different international locations, Pakistani exports to UAE stood at $472.166 million in opposition to $369.904 million final yr, exhibiting a rise of 27.64 p.c whereas the exports to Germany had been recorded at $364.446 million in opposition to $456.895 million final yr, information stated.
Throughout the months beneath evaluate, the exports to Holland had been recorded at $331.860 million in opposition to $382.241 million whereas the exports to Italy stood at $299.151 million in opposition to $308.317 million. Pakistan’s exports to Spain had been recorded at $366.935 million in opposition to the exports of $325.940 million whereas the exports to Afghanistan had been recorded at $128.533 million in opposition to $127.157 million final yr. The exports to Bangladesh stood at $144.506 million in opposition to $234.144 million. Equally, the exports to France throughout the months beneath evaluate had been recorded at $130.743 million in opposition to $153.504 million whereas the exports to Belgium stood at $136.588 million in opposition to $197.686 million. Pakistan’s exports to Saudi Arabia had been recorded at $149.271 million throughout the present yr in comparison with $114.849 million final yr whereas the exports to Turkiye stood at $90.272 million in opposition to $94.998 million.