Top 3 Export Destinations for Pakistani Products

Pakistani products

The top 3 destinations for Pakistani products during the initial seven months of the present financial year are the United States of America (USA), the United Kingdom and China.

The total exports to the USA during the span of July-January 2018-19 were recorded at $2363.579million against the exports of $2236.507million during July-January 2017-18, indicating a surge of 5.68percent during the period, as per the State Bank of Pakistan (SBP).

The second top export destination for Pakistani products is the United Kingdom, wherein Pakistan exported goods of $1038.693million against the exports of $1010.179million in the last fiscal year, indicating growth of 2.82percent.

China was the third largest export destination with $1031.816million worth of products export during the present financial year against the exports of $978.887million during the last financial year, indicating a surge of 5.4percent, as per the revelations of SBP data.

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Among other export destinations of Pakistani products, there is Germany which showed a decrease of 5.2percent while the exports to Afghanistan were recorded at $676.335million against $845.068 last year as per the data.

The export to the Netherlands was recorded at $545.384million against the export of $437.204million during the last fiscal year, whereas the export to the United Arab Emirates (UAE) was at $532.829million against the export of $554.694million during the last financial year.

The export of Pakistan to India was recorded at $249.840million against $240.073million during the current financial year, while the export to Bangladesh was recorded at $451.183million against $378.801million during the fiscal year 2018-19.

Similarly, the export of Pakistani products to Saudi Arabia was recorded at $179.851million against $191.662million during the present fiscal year.

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