Home Top Stories US stays largest Pakistani export market in first 5 months of FY25

US stays largest Pakistani export market in first 5 months of FY25

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A representational picture of containers saved at a facility. — AFP/file

ISLAMABAD: In a significant achievement, whole exports to the US in the course of the July-November 2024-25 surged to $2.512 billion in opposition to the exports of $2.299 billion throughout the identical interval final fiscal yr, displaying a rise of 9.29%, in keeping with the statistics issued by the State Bank of Pakistan (SBP).

This was adopted by China, whereby Pakistan exported items value $1.053 billion in opposition to $1.223 billion final yr, displaying a lower of 13.93%.

The UK was the third prime export vacation spot, the place Pakistan exported merchandise value $935.018 million in the course of the months beneath assessment in opposition to $863.481 million, SBP knowledge revealed.

Among different international locations, Pakistani exports to UAE reached $925.594 million in opposition to $817.848 million final yr, whereas the exports to Germany reached $707.649 million in opposition to $613.778 million final yr.

During the identical interval, exports to Holland amounted to $621.164 million in opposition to $560.266 million, whereas exports to Italy have been $480.727 million in opposition to $501.999 million.

Pakistan’s exports to Spain reached $600.871 million in opposition to $638.846 million, whereas exports to Afghanistan stood at $406.674 million in opposition to $234.563 million final yr.

Exports to Bangladesh totalled $313.998 million in opposition to $241.960 million.

Similarly, exports to France in the course of the months beneath assessment have been $230.857 million in opposition to $207.183 million, whereas exports to Belgium stood at $257.895 million in opposition to $236.207 million.

Pakistan’s exports to Saudi Arabia reached $303.421 million in the course of the present yr in comparison with $275.619 million final yr, whereas exports to Turkiye hit $136.769 million in opposition to $158.843 million.

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