Pakistan’s shipments to USA surged by 19% YoY during Jul-Apr FY21

News Image

MG News | May 28, 2021 at 12:31 PM GMT+05:00

May 28, 2021 (MLN): USA remained as the top export destination for Pakistan with $4billion worth of shipments in Jul-Apr FY21, against the exports of $3.37bn in the same period of last year, showing an increase of 19% YoY.

According to the Country-wise trade data released by SBP, UK appeared as the second major destination country during the period under review wherein Pakistan exported goods worth $1.69bn against the exports of $1.38bn from July to Apr FY20, marking a growth of 22% YoY.

This was followed by China, wherein the total exports to the country during the said period swelled by 16% YoY to $1.64bn from the exports of $1.4bn recorded in the corresponding period a year ago.

Next in line is Germany and UAE, Pakistani exports to them pegged at $1.245bn and $1.2bn during 10MFY21, respectively. Exports to Germany depicted a jump of 12% YoY, while exports to UAE dipped by 12% YoY.

Among other countries, Pakistani exports to the Netherlands (Holland) during 10MFY21 stood at $922.8 million, up by 9% YoY, followed by Afghanistan and Spain with $828.7mn and $668.8mn respectively, the data revealed.

Meanwhile, in the month of April’21 alone, Pakistan exported $456mn worth of goods and services to the USA which was 73% higher compared to April’20 figures while 6% lesser compared to the previous month’s exports.

This was followed by China and UK with shipments worth $235mn (up 109% YoY, down 2% MoM) and $183.97mn (up 74% YoY, down 7% MoM) respectively.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 171,725.29
261.56M
2.31%
3881.05
ALLSHR 103,214.49
498.64M
2.00%
2024.02
KSE30 51,517.14
135.33M
2.40%
1209.13
KMI30 246,565.71
111.44M
2.29%
5524.54
KMIALLSHR 67,042.77
274.55M
1.94%
1273.86
BKTi 47,299.71
43.26M
3.04%
1394.54
OGTi 36,341.37
10.64M
2.20%
783.44
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 77,165.00 77,935.00
76,105.00
1390.00
1.83%
BRENT CRUDE 96.30 100.73
95.95
-7.24
-6.99%
RICHARDS BAY COAL MONTHLY 110.00 0.00
0.00
-8.75
-7.37%
ROTTERDAM COAL MONTHLY 113.00 0.00
0.00
0.30
0.27%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 90.47 93.90
89.41
-6.13
-6.35%
SUGAR #11 WORLD 14.68 14.91
14.59
-0.22
-1.48%

Chart of the Day


Latest News
May 25, 2026 at 06:03 PM GMT+05:00

UAE, UN deepen ties on energy, water agenda


May 25, 2026 at 05:13 PM GMT+05:00

Pakistan pushes export drive in China


May 25, 2026 at 04:25 PM GMT+05:00

PKR maintains upward momentum vs USD


May 25, 2026 at 04:18 PM GMT+05:00

FPRM acquires 60% stake in AML/CFT Screening Solution



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg