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Top 10 importer countries for Pakistan in the FY 2021

Top 10 importer countries for Pakistan in the FY 2021

Islamabad: China beat the list of countries from where Pakistan importeddifferent 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 Chinaduring July-April (2020-21) were recorded at $10312.089 million against the$7638.065 million during July-April (2019-20), showing an increase of 35.02per cent during the period.

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

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

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

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