Times of Islamabad

Top 10 importer countries for Pakistan in 2020

Top 10 importer countries for Pakistan in 2020

ISLAMABAD – China topped the list of countries from where Pakistan importeddifferent products during the first five months of the current fiscal year(2020-21), followed by United Arab Emirates (UAE) and Singapore.

The total imports from China during July-November (2020-21) were recordedat $4523.671 million against the $4025.183 million during July-November(2019-20), showing an increase of 12.38 percent during the period,according to State Bank of Pakistan (SBP).

This was followed by UAE, where Pakistan imported goods worth $2709.681million against the imports of $3070.454 million last year, showingnegative growth of 11.74 percent.

Singapore was the third top country from where Pakistan imported productsworth $1112.755 million against the imports of $917.708 million last year,showing growth of 21.25 percent, SBP data revealed.

Among other countries, Pakistani imports from Saudi Arabia stood at$802.496 million against $622.855 million during last year, showing growthof 28.84 percent while the imports from United State of America (USA) wererecorded at $793.269 million against $729.116 million last year, showingincrease of 8.79 percent, the data revealed.

The imports from Malaysia were recorded at $447.679 million against$392.199 million whereas the imports from Kuwait were recorded at $439.430million against $450.460 million last year.

During July-November, the imports from South Korea were recorded at$436.964 million against $290.545 million whereas the imports fromIndonesia at $409.550 million against $425.935 million.

Pakistan’s imports from Japan were recorded at $407.361 million against$510.999 million whereas the imports from Switzerland stood at $391.800million against $225.357 million.

Similarly, the imports from Germany during the period under review wererecorded at $389.302 million against $389.059 million while the importsfrom Thailand stood at $325.417 million against $335.100 million.

Pakistan’s imports from Qatar were recorded at $313.609 million during thecurrent fiscal year compared to $794.654 million last year, whereas theimports from UK stood at $304.800 million against $297.747 million.