Pakistan’s exports to China increase by 39.44% in 5 months

Pakistan’s export of goods and services to China witnessed an increase of 39.44 percent during the first five months of the current fiscal year (2023-24) as compared to the exports of the corresponding period of last year, State Bank of Pakistan (SBP) reported.

The overall exports to China were recorded at US $1223.532 million during July–November (2023–24) against exports of US $877.444 million during July–November (2022–23), SBP data revealed.

On a year-to-year basis, the exports to China also surged by 36.29 percent from $199.058 million in November 2022, against the exports of $271.316 million in November 2023.

Meanwhile, on a month-on-month basis, the exports to China decreased by 14.90 percent during November 2023 as compared to the exports of $318.842 million in October 2023, the SBP data revealed.

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