The United States continued to be Pakistan’s top export market in October, with exports worth $575.89 million. This marks a 19% increase compared to $485.79 million in October last year.
During the first four months of the fiscal year 2024-25 (FY25), exports to the US totaled $2.04 billion, up from $1.86 billion during the same period last year. This growth highlights the strong trade relationship between the two countries.
On the other hand, exports to China saw a decline. Shipments to China were valued at $813.44 million, which is a 14.6% decrease compared to the previous year. Despite this drop, China remains one of Pakistan’s key trade partners.
The United Kingdom also showed a significant increase in trade with Pakistan. Exports to the UK reached $761.39 million during the first four months of FY25, up from $690.58 million last year.
These figures demonstrate shifting trends in Pakistan’s export markets, with growth in some countries and declines in others. The United States remains a vital market, contributing significantly to Pakistan’s overall export earnings. At the same time, the decline in exports to China signals a need for renewed efforts to boost trade with this major partner.