The U.S.A. remained the top export destination for Pakistan during August, with $496.69 million worth of shipments, up by 4.8% against the exports of $473.84m in the same period last year.
According to the data released by the State Bank of Pakistan, this was followed by U. K., as Pakistan exported goods worth $182.06m to the country as compared to the exports of $183.07m recorded during the same month of the previous year, depicting a decline of 0.5%.
China was the third on the list as Pakistan generated export revenue worth $154.82 million from the country. This figure was down by 5.2% from the exports of $163.34m in the same period last year.
Germany was fourth in line as exports to the region during the aforementioned period were $153.43m, depicting an increase of 1.1% YoY.
Among other countries, Pakistan’s exports to the U.A.E. E. Dubai stood at $130.54m, marking a drop of 12.2% YoY, while exports to Spain decreased by 10.8% YoY to $111.76m.
Moreover, the export receipts received from the Netherlands (Holland) stood at $108.15m, down by 11.9% YoY.
While on a sequential basis, the total exports to U. S. A. dropped by 19.3% MoM. While exports to U. K. dropped by 10.3% MoM.
Moreover, receipts received from exports to China depicted a decline of 22.5% MoM.
Meanwhile, cumulatively, in 2MFY26, U. S. A. was the top source of export receipts, worth $1.11bn as against the total exports worth $950.13m in 2MFY25.
Whereas, total exports to U. K. in 2MFY26 stood at $385.11m, registering an increase of 5.1%.
Cumulatively, China ranked as the third-largest contributor to the country’s export earnings, accounting for exports valued at $354.47m in 2MFY26, compared to $323.44m in the same period last year.
Reference Link:- https://mettisglobal.news/U-S-A-leads-as-top-export-destination-for-Pakistan-in-August-55310