Thursday, September 19, 2024

USA Emerges as Top Destination for Pakistani Exports in July

In July, the United States emerged as the leading destination for Pakistani exports, marking the beginning of the financial year 2024-25 with strong trade figures. Pakistan’s exports to the US saw a notable increase of 7.26%, reaching $476.017 million. This made the US the top buyer of Pakistani goods during this period, highlighting the country’s importance as a key market for Pakistan.

Following closely behind, UAE became the second-largest destination for Pakistani exports. Pakistan’s exports to the UAE rose by 7.74%, amounting to $216.918 million. This growth demonstrates the strengthening trade ties between Pakistan and the UAE, as Pakistani products continue to find a significant market in the region.

UK ranked third, with exports from Pakistan reaching $183.303 million. This represents a substantial increase from the $151.554 million recorded in the same month last year, showing a strong demand for Pakistani goods in the UK market.

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