Pakistan’s exports to 9 countries in the region increased by 14%<\/p>\n
Pakistan’s exports to nine countries in the region increased by 14.3 percent during the first four months of the fiscal year on year-on-year basis, driven by increased shipments to China.<\/p>\n
With reference to the data released by the State Bank of Pakistan.<\/p>\n
The country’s exports to Afghanistan, China, Bangladesh, Sri Lanka, India, Iran, Nepal, Bhutan and Maldives increased to one billion during July to October. 44 million dollars, which was recorded as 1 billion 26 million dollars during the same period last year.<\/p>\n
During the fiscal year 2023, the exports to these countries of the region were 3 billion 330 million dollars after a decrease of 21.1% compared to the previous year.<\/p>\n
Pakistan exports about 61% of the regional exports to China and the remaining 8 countries.<\/p>\n
During July-October 2024, exports to China increased by 40.36% to $952.2 million, which was $678.3 million during the same period last year. Also 2 billion 2 million dollars were recorded.<\/p>\n
Pakistan’s exports to Afghanistan during July-October increased by 2.64% to $128.5 million as against $176 million in the same period last fiscal year.<\/p>\n
Until a few years ago, Afghanistan was the second largest export market for Pakistan after the United States, these figures do not include the amount of goods sent by land.<\/p>\n
Except for exports, most trade with Tehran is conducted through informal channels in the border areas of Balochistan<\/span>.<\/p>\n Pakistan’s exports to India stood at 69,000 dollars after a 37% decline, which was recorded at 110,000 dollars during the first four months of last fiscal year 2023. done<\/p>\n