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

MG News | April 17, 2025 at 06:03 PM GMT+05:00
April 17, 2025 (MLN): The U. S. A. remained the top export destination for Pakistan during March, with $532.09 million worth of shipments, up by 25.8% against the exports of $422.88m in same period last year.
According to the data released by the State Bank of Pakistan, this was followed by U. A. E. Dubai, as Pakistan exported goods worth $187.71m to the country as compared to the exports of $127.64m recorded during the same month of the previous year, depicting a rise of 47.1%.
U. K. was the third on the list as Pakistan generated export revenue worth $181.03m from the country. This figure was up by 1.4% from the exports of $178.55m in the same period last year.
China was the fourth in line as exports to the region during the aforementioned period were $180.74m, depicting a decrease of 26.5% YoY.
Among other countries, Pakistan's exports to the Germany stood at $141.29m, marking a rise of 2.8% YoY, while exports to Spain increased by 5.5% YoY to $126.65m.
Moreover, the export receipts received from Netherlands (Holland) stood at $120.98m, up by 2.4% YoY.
While on a sequential basis, the total exports to U. S. A. increased by 19.7% MoM. While exports to U. A. E. Dubai increased by 49.5% MoM.
Moreover, receipts received from exports to U. K. depicted an increase of 6.2% MoM.
Meanwhile, cumulatively, in 9MFY26, U. S. A. was the top source of export receipts, worth $4.54bn as against the total exports worth $4.05bn in 9MFY25.
Whereas, total exports to China in 9MFY26 stood at $1.88bn, registering a decline of -12.4%.
Cumulatively, U. K. ranked as the third-largest contributor to the country's export earnings, accounting for exports valued at $1.62bn in 9MFY26, compared to $1.53bn in the same period last year
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