USA, China, UK top three destinations of Pakistani exports: SBP.

KARACHI -- The United States of America (USA) remained the top export destinations of the Pakistani products during first seven months of current financial year (2019- 20), followed by China and United Kingdom (UK). The total exports to the USA during July-January (2019-20) were recorded at US $ 2440.411 million against the exports of US $ 2366.163 million during July-January (2018-19), showing an increase of 3.13 percent during the period under review, according to State Bank of Pakistan (SBP). This was followed by China, wherein Pakistan exported goods worth $ 1056.773 million against the exports of $1038.023 million last year, showing nominal increase of 1.80 percent. UK was the at third top export destination, where Pakistan exported products worth US $ 1004.520 million during the current financial year against the exports of US $ 1039.609 million during last fiscal year, showing decrease of 3.37 percent, SBP data revealed.

Among other countries, Pakistani exports to United Arab Emirates (UAE) stood at US $ 984.881 million against $ 743.474 million during last year, showing increase of 32.47 percent while the exports to Germany were recorded at US $ 799.324 million against US $ 767.483 million last year, the data revealed. During...