Exports to US climb 10pc to $5.8bn

KARACHI: The US remained the top destination for Pakistani exports in the financial year ending June 30, with shipments to the US growing by 10 per cent year-on-year (YoY), according to country-wise export figures released by the Trade Development Authority of Pakistan (TDAP) on Wednesday.

Pakistan exported $5.8 billion worth of goods to the US in FY25, up from $5.2 billion in the previous fiscal year.In contrast, exports to China continued to decline, falling by 7.0 per cent to $2.3 billion, compared to $2.5 billion a year earlier.

Exports to the UK rose by 6.0 per cent, reaching $2.1 billion in FY25 from $2 billion the previous year.The United Arab Emirates ranked fourth among export destinations, with exports totalling $1.7 billion, showing a 10 per cent increase over $1.5 billion in FY24.

Exports to Germany increased by 10 per cent, while shipments to both the Netherlands and Spain rose by 9.0 per cent each. Exports to Afghanistan posted a significant 31 per cent growth during the year. Exports to Italy rose by 2.0 per cent.

Shipments to Bangladesh grew by 9.0 per cent, and exports to Saudi Arabia increased by 3.0 per cent. In contrast, exports to Belgium declined by 4.0 per cent, while exports to France were up 10 per cent.

Exports to Malaysia and Indonesia fell during the year, whereas shipments to Thailand increased. In Africa, exports to Kenya dropped by 15 per cent. Exports to Canada recorded a modest increase of 2.0 per cent.Region-wise, exports to Europe grew by 7.0 per cent, and to the Americas by 10 per cent. Exports to Asia declined by 1.0 per cent, while those to Africa fell by 2.0 per cent. Exports to the Oceania region remained flat.

In terms of product categories, textiles and leather remained the top export segment, recording 7.0 per cent growth during the year. Agro and food exports declined by 7.0 per cent, while exports of engineering, manufacturing, and minerals rose by 9.0 per cent.Overall, Pakistan’s exports grew by 4.6 per cent during FY25, reaching $32.1 billion, up from $30.6 billion in the previous fiscal year.