ISLAMABAD – The United States of America (USA) remained the top exportdestinations of the Pakistani products during first quarter of financialyear (2019-20), followed by China and United Kingdom (UK).
The total exports to the USA during July-September (2019-20) were recordedat $1053.630 million against the exports of $1004.641 million duringJuly-September (2018-19), showing an increase of 4.87 percent during theperiod under review, according to latest data issued by State Bank ofPakistan (SBP).
This was followed by China, wherein Pakistan exported goods worth $438.914million against the exports of $434.527 million last year, showing nominalgrowth of one percent.
UK was the at third top export destination, where Pakistan exportedproducts worth $426.406 million during the current financial year againstthe exports of $446.744 million during last fiscal year, showing decreaseof 4.55 percent, SBP data revealed.
Among other countries, Pakistani exports to United Arab Emirates (UAE)stood at $384.100 million against $333.843 million during last year,showing increase of 15.05 percent while the exports to Germany wererecorded at $323.094 million against $333.867 million last year, the datarevealed.
During the first quarter of financial year, the exports to Afghanistan wererecorded at $243.979 million against $299.981 million whereas the exportsto Span stood at $237.618 million against $228.286 million.
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Pakistan’s exports to Bangladesh were recorded at $180.958 million against$176.142 million last year where as the exports to Italy stood at $1201.785million against $192.845 million.
Similarly, the exports to Belgium during the current financial year wererecorded at $135.190 million against $150.516 million while the exports toFrance stood at $ 108.659 million against $114.897 million.
Pakistan’s exports to Singapore were recorded at $66.273 million during thecurrent financial year compared to $49.363 million last year whereas, theexports to Japan stood at $49.477million against $53.781 million, toIndonesia $19.467 million against $114.009 million whereas the exports toIndia stood at $9.802 million during the financial year against $102.458million during last year
