Top 10 importer countries for Pakistan in the FY 2021

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Top 10 importer countries for Pakistan in the FY 2021

Islamabad: China beat the list of countries from where Pakistan imported different products during the first ten months of the financial year (2020-21), followed by the United Arab Emirates (UAE) and Singapore.

According to the State Bank of Pakistan (SBP), the total imports from China during July-April (2020-21) were recorded at $10312.089 million against the $7638.065 million during July-April (2019-20), showing an increase of 35.02 per cent during the period.

Next on the list is the UAE, showing a decline of 1.04 per cent in import.Pakistan imported goods worth $5603.959 million to the Gulf state against the imports of $5663.278 million last year.Singapore stands at third place where Pakistan imported goods worth $2492.214 million against the imports of $1991.132 million last year, showing growth of 25.16 per cent, SBP data shown.Among other countries, Pakistani imports from the United State of America (USA) stood at $1991.027 million against $1878.420 million during last year, showing a growth of 5.94 per cent while the imports from Saudi Arabia were recorded at $1923.886 million against $1178.759 million last year, showing an increase of 61.97 per cent, the data revealed.

The imports from Malaysia were recorded at $977.002 million against $821.831 million whereas the imports from Kuwait were recorded at $1075.926 million against $910.494 million last year.

Pakistan’s imports from Qatar were recorded at $1035.419 million during the current fiscal year compared to $1444.759 million last year, whereas the imports from the UK stood at $629.262 million against $591.190 million.During July-April, the imports from South Korea were recorded at $1058.767 million against $623.545 million whereas the imports from Japan were recorded at $1225.991 million against $924.623 million whereas the imports from Switzerland stood at $943.468 million against $507.013 million.

Similarly, the imports from Germany during the period under review were recorded at $894.876 million against $811.034 million while the imports from Thailand stood at $871.355 million against $607.765 million.