{"id":111543,"date":"2024-08-01T21:30:04","date_gmt":"2024-08-01T16:30:04","guid":{"rendered":"https:\/\/pni.net.pk\/en\/?p=111543"},"modified":"2024-08-01T19:19:29","modified_gmt":"2024-08-01T14:19:29","slug":"pakistans-exports-to-china-increase-by-33-67-in-fy-2023-24","status":"publish","type":"post","link":"https:\/\/pni.net.pk\/en\/latest-business-news\/pakistans-exports-to-china-increase-by-33-67-in-fy-2023-24\/","title":{"rendered":"Pakistan\u2019s exports to China increase by 33.67% in FY 2023-24"},"content":{"rendered":"<p>ISLAMABAD, Aug 1 : Pakistan\u2019s export of goods and services to China witnessed an increase of 33.67 percent during the twelve months of the fiscal year (2023-24) as compared to the exports of the corresponding period of last year, State Bank of Pakistan (SBP) reported.<br \/>\nThe overall exports to China were recorded at US $2.707 billion during July-June (2023-24) against exports of US $2.025 billion during July-June (2022-23), SBP data revealed.<br \/>\nOn a year-to-year basis, the exports to China also surged by 12.59 percent from $136.546 million in June 2023, against the exports of $153.745 million in June 2024.<br \/>\nMeanwhile, on a month-on-month basis, the exports to China decreased by 27.61 percent during June 2024 as compared to the exports of $212.392 million in May 2024, the SBP data revealed.<\/p>\n<p>Overall Pakistan\u2019s exports to other countries witnessed an increase of 11.53 percent in FY 2023-24, from US $27.875 billion to US $31.090 billion, the SBP data revealed.<br \/>\nOn the other hand, the imports from China into the country during the period under review were recorded at US $13.506 billion against US $9.662 billion last year, showing an increase of 39.78 percent in July-June (2023-24).<br \/>\nOn a year-on-year basis, the imports for China witnessed an increase of 117.54 percent from US $623.832 million in June 2023, against the imports of US $1357.098 million in June 2024.<br \/>\nOn a month-on-month basis, the imports from China into the country witnessed a decrease of 9.58 percent during June 2024, as compared to the imports of US $1501.005 million during May 2024, according to the data.<br \/>\nThe overall imports into the country witnessed an increase of 0.89 percent, from $52.695 billion to US $53.167 billion, according to the data.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD, Aug 1 : Pakistan\u2019s export of goods and services to China witnessed an increase of 33.67 percent during the twelve months of the fiscal year (2023-24) as compared to the exports of the corresponding period of last year, State Bank of Pakistan (SBP) reported. [&#8230;]<\/p>\n<p>\n","protected":false},"author":16,"featured_media":111544,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,17784],"tags":[],"class_list":["post-111543","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-business-news","category-china-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pakistan\u2019s exports to China increase by 33.67% in FY 2023-24<\/title>\n<meta name=\"description\" content=\"Pakistan\u2019s exports to China increase by 33.67% in FY 2023-24\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pni.net.pk\/en\/latest-cpec-news\/pakistans-exports-to-china-increase-by-33-67-in-fy-2023-24\/\" \/>\n<meta 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