US remains largest Pakistani export market in first five months of FY25

ISLAMABAD: In a major achievement, total exports to the US during the July-November 2024-25 surged to $2.512 billion against the exports of $2.299 billion during the same period last fiscal year, showing an increase of 9.29%, according to the statistics issued by the State Bank of Pakistan (SBP).

This was followed by China, wherein Pakistan exported goods worth $1.053 billion against $1.223 billion last year, showing a decrease of 13.93%.

The UK was the third top export destination, where Pakistan exported products worth $935.018 million during the months under review against $863.481 million, SBP data revealed.

Among other countries, Pakistani exports to UAE reached $925.594 million against $817.848 million last year, while the exports to Germany reached $707.649 million against $613.778 million last year.

During the same period, exports to Holland amounted to $621.164 million against $560.266 million, whereas exports to Italy were $480.727 million against $501.999 million.

Pakistan’s exports to Spain reached $600.871 million against $638.846 million, while exports to Afghanistan stood at $406.674 million against $234.563 million last year.

Exports to Bangladesh totalled $313.998 million against $241.960 million.

Similarly, exports to France during the months under review were $230.857 million against $207.183 million, while exports to Belgium stood at $257.895 million against $236.207 million.

Pakistan’s exports to Saudi Arabia reached $303.421 million during the current year compared to $275.619 million last year, whereas exports to Turkiye hit $136.769 million against $158.843 million.