Pakistan exports to USA rise 16% in Sep

MG News | October 21, 2024 at 06:01 PM GMT+05:00
October 21, 2024 (MLN): The U.S.A. remained Pakistan's top export destination in September 2024, with shipments totaling $511.53 million—a 15.8% increase compared to $441.57m during the same period last year.
On a month-on-month basis, exports to the U.S. grew by 8%.
Cumulatively, for the first three months of FY25, the U.S.A. accounted for $1.46 billion in export receipts, up from $1.38bn in 3MFY23.
According to the data released by the State Bank of Pakistan, this was followed by China, as Pakistan exported goods worth $235.62m to the country in September as compared to the exports of $283.16m recorded during the same month of the previous year, depicting a decline of 16.8%.
On a month-on-month basis, exports to China increased by 44.3%. In 3MFY25, exports to China were valued at $559.05m, compared to $633.64m in the same period last year.
U. K. was the third on the list as Pakistan generated export revenue worth $196.38m from the country. This figure was up by 17% from the exports of $167.87m in the same period last year.
Comapred to last month, receipts received from exports to U. K. depicted an increase of 7.3%.
Whereas, total exports to U. K. in 3MFY25 stood at $562.75m, registering an increase of 8.4%.
U. A. E. Dubai was the fourth in line as exports to the region during the aforementioned period were $145.6m, depicting an increase of 8.7%.
Among other countries, Pakistan's exports to Germany stood at $140.47m, marking a rise of 26.2% YoY, while exports to Spain decreased by 1.5% YoY to $122.86m.
Moreover, the export receipts received from Netherlands (Holland) stood at $120.45m, up by 14.3% YoY.
Copyright Mettis Link News
Related News
Name | Price/Vol | %Chg/NChg |
---|---|---|
KSE100 | 136,379.97 273.10M |
0.32% 440.10 |
ALLSHR | 84,648.35 701.94M |
0.06% 47.97 |
KSE30 | 41,546.23 70.12M |
0.42% 172.55 |
KMI30 | 191,719.76 71.30M |
0.34% 649.79 |
KMIALLSHR | 55,827.74 371.98M |
0.16% 89.67 |
BKTi | 37,827.61 18.93M |
-1.72% -662.14 |
OGTi | 27,670.67 7.41M |
-0.42% -117.47 |
Symbol | Bid/Ask | High/Low |
---|
Name | Last | High/Low | Chg/%Chg |
---|---|---|---|
BITCOIN FUTURES | 119,300.00 | 119,915.00 118,745.00 |
-330.00 -0.28% |
BRENT CRUDE | 68.93 | 68.97 68.75 |
0.41 0.60% |
RICHARDS BAY COAL MONTHLY | 96.50 | 0.00 0.00 |
1.80 1.90% |
ROTTERDAM COAL MONTHLY | 104.50 | 0.00 0.00 |
-1.05 -0.99% |
USD RBD PALM OLEIN | 998.50 | 998.50 998.50 |
0.00 0.00% |
CRUDE OIL - WTI | 66.91 | 66.94 66.58 |
0.53 0.80% |
SUGAR #11 WORLD | 16.55 | 16.67 16.40 |
-0.01 -0.06% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
Name | Last | Chg/%Chg |
---|
Name | Last | Chg/%Chg |
---|