U. S. A. leads as top export destination for Pakistan in May

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MG News | June 18, 2025 at 11:26 AM GMT+05:00

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June 18, 2025 (MLN): The U. S. A. remained the top export destination for Pakistan during May, with $516.15 million worth of shipments, up by 4.6% against the exports of $493.61m in the same period last year.

According to the data released by the State Bank of Pakistan, this was followed by China, as Pakistan exported goods worth $199.53m to the country as compared to the exports of $212.37m recorded during the same month of the previous year, depicting a decline of 6%.

U. A. E. Dubai was the third on the list as Pakistan generated export revenue worth $177.26m from the country. This figure was down by 5.6% from the exports of $187.8m in the same period last year.

U. K. was the fourth in line as exports to the region during the aforementioned period were $172.17m, depicting a decrease of 3% YoY.

Among other countries, Pakistan's exports to Germany stood at $132.28m, marking a drop of 9.4% YoY, while exports to Spain decreased by 8.9% YoY to $122.51m.

Moreover, the export receipts received from Netherlands (Holland) stood at $112.93m, down by 12.6% YoY.

While on a sequential basis, the total exports to U. S. A. increased by 4.6% MoM. While exports to China increased by 4% MoM.

Moreover, receipts received from exports to U. A. E. Dubai depicted an increase of 9.8% MoM.

Meanwhile, cumulatively, in 11MFY26, U. S. A. was the top source of export receipts, worth $5.55bn as against the total exports worth $5bn in 11MFY25.

Whereas, total exports to China in 11MFY26 stood at $2.27bn, registering a decline of -11.2%.

Cumulatively, U. K. ranked as the third-largest contributor to the country's export earnings, accounting for exports valued at $1.99bn in 11MFY26, compared to $1.86bn in the same period last year

Copyright Mettis Link News

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