US is top export destination of Pakistani products

Total exports to the US during July-April 2023-24 were recorded at US 4,497.658 million, showing a decline of 9.92 percent, according to the State Bank of Pakistan

The United States (US) remained the top export destination of Pakistani products during the first ten months of the current financial year 2023-24, followed by China and the United Kingdom (UK).

This was followed by China, where in Pakistan exported goods worth US $2,341.089 million, showing an increase of 37.68 percent.

UK was the third top export destination, where Pakistan exported products worth US $1,683.655 million during the months under review against the exports of US $1,645.754 million, the SBP data revealed.

Among other countries, Pakistani exports to UAE stood at US $1,637.779 million, showing an increase of 35.68 percent. While the exports to Germany were recorded at US $1,235.348 million.

Pakistan’s exports to Saudi Arabia were recorded at US $579.425 million during the current year compared to US $405.436 million last year whereas the exports to Turkiye stood at US $281.937 million against US $269.833 million.

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