ISLAMABAD, Jul 24 (Alliance News): The United States remained the leading destination for Pakistani exports during the fiscal year 2024-25, followed by China and the United Kingdom, according to the latest figures released by the State Bank of Pakistan (SBP).
Pakistan’s exports to the US totaled $6.03 billion during July–June 2024-25, marking a significant 10.72% increase compared to $5.44 billion in the same period last year. This growth highlights the continued demand for Pakistani goods in the American market.
China ranked second, although exports declined by 8.60%, dropping from $2.71 billion in 2023-24 to $2.48 billion in 2024-25. The United Kingdom secured the third position, with exports rising to $2.16 billion from $2.02 billion the previous fiscal year.
Exports to the United Arab Emirates reached $2.12 billion, slightly up from $2.08 billion last year. Germany also witnessed a notable increase, with exports growing to $1.99 billion from $1.52 billion.
Other European markets also showed growth. Exports to the Netherlands rose to $1.49 billion from $1.39 billion, while exports to Spain climbed to $1.48 billion from $1.45 billion. Exports to Italy stood at $1.13 billion compared to $1.12 billion the previous year.
Pakistan’s exports to Afghanistan surged to $773.89 million from $558.03 million, while exports to Bangladesh increased to $787.35 million from $661.19 million.
France and Belgium saw mixed trends. Exports to France reached $563.76 million, up from $508.69 million, while Belgium experienced a slight decline from $556.95 million to $543.43 million.
Exports to Saudi Arabia slightly dipped to $704.32 million from $710.29 million, while exports to Turkiye fell to $264.74 million compared to $336.88 million in the previous fiscal year.
The data reflects Pakistan’s growing trade ties with traditional Western markets while signaling a need to address the declining trend in regional and Chinese exports.
