Pakistan exports to China rise by 26.42% in Q1 of FY 23-24

Pakistan’s export of goods and services to China witnessed an increase of 26.42 per cent during the first three months of the current fiscal year 23-24 as compared to the exports of the corresponding period of last year, According to State Bank report.

The overall exports to China were recorded at US $633.374 Million during July-September 2023-24. On a year-to-year basis, the exports to China $283.077 Million in September 2023.

Meanwhile, on a month-on-month basis, the exports to China rose by 42.29 per cent during September 2023.

Overall Pakistan’s exports to other countries witnessed a decrease of 4.96 per cent in the first three months, from US $ 7.385 Billion to US $ 7.018 Billion, the SBP data revealed.

On the other hand, the imports from China into the country during the months under review were recorded at US $ 2744.241 Billion.

On a month-on-month basis, the imports from China into the country dipped by 2.14 per cent during September 2023.

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