The United States remained the top export destination for Pakistani products during the first five months of the current fiscal year, followed by China and the United Kingdom.
Total exports to the US during the period were recorded at $2,512,809 million compared to $2,299,165 million last year, representing an increase of 9.29 percent, according to the Bank State of Pakistan (SBP).
However, the SBP data meant that exports to China declined by 13.93 percent, where Pakistan exported goods worth $1,053,161 million in FY25 as against $1,223,702 million. from last year.
It was highlighted that the UK is among the country’s top export destinations as Pakistan exported products worth $935.018 million, according to SBP.
in a previous Sunrise According to the report, exports to European countries grew by 8.62 percent in the first five months of the current fiscal year, mainly due to higher shipments to Western states.
The resurgence in exports to Europe in the current fiscal year was due to a slight increase in demand for Pakistani products in western, eastern and northern Europe.
In absolute terms, Pakistan’s exports to the European Union (EU) reached $3,866 million in July-November FY25, up from $3,559 million in the same period last year, according to the data.
In FY24, Pakistan’s exports to the EU fell 3.12 percent to $8.24 billion, despite its GSP+ status, which allows duty-free entry to most European markets.
Among other countries, Pakistan’s exports to the UAE amounted to $925.594 million, up from $817.848 million last year, while Pakistan’s exports to Saudi Arabia were recorded at $303.421 million during the year in course, compared to $275.619 million last year.
In the South Asia region, Pakistan exported goods worth $313.998 million to Bangladesh, compared to $241.96 billion last year. While exports to Afghanistan amounted to 406.67 million dollars, compared to 234.563 million dollars last year.
As for European states, Pakistan exported goods worth $707.649 million to Germany, which is an increase from the previous year. Meanwhile, exports to Spain were recorded for 600,871 million dollars.
Similarly, exports to France during the months analyzed amounted to 230,857 million dollars compared to 207,183 million dollars, while exports to Belgium amounted to 257,895 million dollars compared to 236,207 million dollars.
Exports to Turkiye amounted to 136.769 million dollars, compared to 158.843 million dollars last year.
