U.S.A. remains top export destination for Pakistan in Feb

March 18, 2025 (MLN): The U.S.A. remained the top export destination for Pakistan during February, with $444.6 million worth of shipments, up by 4.9% against the exports of $423.80m in 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 $216.01m to the country as compared to the exports of $169.03m recorded during the same month of the previous year, depicting a rise of 27.8%.

U. K. was the third on the list as Pakistan generated export revenue worth $170.46m from the country. This figure was up by 4.14% from the exports of $163.68m in the same period last year.

U. A. E. Dubai was the fourth in line as exports to the region during the aforementioned period were $125.58m, depicting a decline of 18.93% YoY.

Among other countries, Pakistan's exports to the Germany stood at $129.64m, marking a rise of 0.9% YoY, while exports to Netherlands (Holland) decreased by 4.26% YoY to $120.3m.

Moreover, the export receipts received from Spain stood at $116.55m, rise by 7.33% YoY.

While on a sequential basis, the total exports to U. S. A. decreased by 18.8% MoM. While exports to China increased by 11.71% MoM.

Moreover, receipts received from exports to U. K. depicted a decrease of 1.71% MoM.

Meanwhile, cumulatively, in 8MFY25, U. S. A. was the top source of export receipts, worth $4.01bn as against the total exports worth $3.63bn in 8MFY24.

Whereas, total exports to China in 8MFY25 stood at $1.69bn, registering a decline of -10.5%.

Cumulatively, U. K. ranked as the third-largest contributor to the country's export earnings, accounting for exports valued at $1.44bn in 8MFY25, compared to $1.35bn in the same period last year.

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