Pakistan\u2019s exports to the seven regional countries witnessed an increase of 20.61 per cent in the first ten months of the financial year (2023-24) as compared to the corresponding months of last year.
\n\u201cThe country\u2019s exports to the regional countries including Afghanistan, China, Bangladesh, Sri Lanka, India, Nepal, and the Maldives account for a small amount of $3,655.483 million, which is 14.24 per cent of Pakistan\u2019s overall exports of $25,669.182 million during July-April (2023-24),\u201d State Bank of Pakistan (SBP) reported.
\nChina tops the list of countries in terms of Pakistan\u2019s exports to its neighbouring, leaving behind other countries such as Bangladesh and Afghanistan.<\/p>\n
Pakistan carried out its border trade with the farther neighbour Sri Lanka, India, Nepal, and Maldives.
\nPakistan\u2019s exports to China witnessed an increase of 37.68 per cent to $2,341.089 million in ten months of this year from $1,700.303 million last year while exports to Afghanistan witnessed a nominal decline of 0.54 percent from $435.954 million to $433.567 million.
\nThe country\u2019s exports to Bangladesh also decreased by 15.82 percent to $542.165 million this year from $644.104 whereas exports to Sri Lanka rose by 35.83 percent to $326.995 million from $240.732.
\nThe exports to India increased to $1.376 million from $0.250 million in the previous year.
\nExports to Nepal decreased by 1.38 per cent to $2.420 million from 2.454 million while to Maldives increased by 13.90 cent to $7.671 million from 6.783 million, it added.<\/p>\n
On the other hand, the imports from seven regional countries were recorded at $10,925.280 million during the period under review as compared to $8,617.786 million during last year, showing an increase of 26.77 per cent.
\nThe imports from China during July-April 2023-24 were recorded at $10,648.334 million against the $8,343.937 million during July-April 2022-23, showing an increase of 26.61 per cent during the period.
\nAmong other countries, imports from India are worth $172.076 million against the imports of $151.987 million, an increase of 13.61 per cent while imports from Afghanistan decreased by 47.34 percent from $13.959 million to $7.350 million.
\nMeanwhile, imports from Sri Lanka increased to $49.055 million from $40.923 million whereas Pakistan imports from Bangladesh recorded $ 48.040 million from $66.218 million during last year.
\nThe imports from Nepal into the country witnessed a decrease of 61.71 per cent from $0.734 million to $0.281 million, it added.<\/p>\n","protected":false},"excerpt":{"rendered":"
Pakistan\u2019s exports to the seven regional countries witnessed an increase of 20.61 per cent in the first ten months of the financial year (2023-24) as compared to the corresponding months of last year. \u201cThe country\u2019s exports to the regional countries including Afghanistan, China, Bangladesh, Sri Lanka, India, Nepal, and the Maldives account for a small …<\/p>\n","protected":false},"author":4,"featured_media":65360,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-65345","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/65345","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/comments?post=65345"}],"version-history":[{"count":1,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/65345\/revisions"}],"predecessor-version":[{"id":65361,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/65345\/revisions\/65361"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media\/65360"}],"wp:attachment":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media?parent=65345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/categories?post=65345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/tags?post=65345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}