Wednesday, May 29, 2024

Pakistan’s Regional Exports jump 26.47 % in Eight Months.

According to the data collected by Government, Exports of Pakistan to seven Neighborhood countries has been exceeded up to 26.47 percent during the first eight months of the budgetary year.

According to the State Bank of Pakistan, the Exports to the regional countries, including Afghanistan, India, Nepal, China, Bangladesh, Sri Lanka and Maldives were Exceeded to the level of $2954.604 in the month of July till February 2021-22. The contribution for 14.33 percent of Pakistan’s Overall exports of $20616.992 million.

China topped the ranking among the Pakistan Exports to it’s neighbors, which are being followed by Bangladesh and Afghanistan.

Pakistan Maintained frontier exchanges with countries far away, namely Sri Lanka, India, Nepal and the Maldives.
In the initial eight months of this year, the Exports to China have been grew up to 57.90 percent, which increased from $1,165.949 million in the previous year.

Shipments to Bangladesh have been increased to a percentage of 48.83 from $379.669 million to 559.118 million.

Shipments to Afghanistan have been fallen down to a percentage of 53.02 decreased by $629.787 million to $295.866 million, by the start of this year.

The exports to Sri Lanka have been geared up to a percentage, of 59.38, rising from $156.272 million to $249.079 million in the prior year, whereas Nepal rose to a percentage of 58.06 percent, rising from $2.852 million to $4.508 Million.

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