ISLAMABAD, Pakistan\u2019s exports to the seven regional countries witnessed an increase of 20.50 percent in first months of current financial year (2021-22) as compared to the corresponding month of last year.<\/p>\n
The country\u2019s exports to the regional countries including Afghanistan, China, Bangladesh, Sri Lanka, India, Nepal, and the Maldives account for a small amount of $282.020 million, which is 12.49 percent of Pakistan\u2019s overall exports of $2257.042 million in July 2021-22, State Bank of Pakistan (SBP) reported.<\/p>\n
China tops the list of countries in terms of Pakistan\u2019s exports to its neighbours, leaving behind other countries such Bangladesh and Afghanistan.<\/p>\n
Pakistan carried out its border trade with the farther neighbour Sri Lanka, India, Nepal and Maldives.<\/p>\n
Pakistan\u2019s exports to China posted growth of 55.26 percent to $165.878 million in July 2022 from $106.775 million in July 2021 While exports to Bangladesh also increased by 5.66 percent to $51.033million from $48.297 million.<\/p>\n
The country\u2019s exports to Afghanistan however dropped by 38.57 percent to $38.557million this year from $62.774 million whereas exports to India plunged by a whopping 87.81pc to $0.054 million from $0.443 as the government has suspended trade relations with India.<\/p>\n
Similarly, exports to Sri Lanka rose by 68.55 percent to $235.991 million from $15.420 million in the previous year.<\/p>\n
Exports to Nepal declined by 39.86 percent to $0.273 million from 0.454million while to Maldives dipped by 1.21 percent to 0.325 million from 0.329million, it added.<\/p>\n
On the other hand, the imports from seven regional countries were recorded at $1350.535 million during July 2022 compared to $ 1131.427 million during July 2021, showing increase of 19.36 percent.<\/p>\n
The imports from China during July 2022 were recorded at $1311.976 million against the $1100.268 million during July 2021, showing an increase of 19.24 percent during the period.<\/p>\n
Among other countries, imports from India worth $12.405 million against the imports of $15.833 million, decrease of 1.52 percent while imports from Afghanistan increased by 194.23 percent from $4.216 million to $12.405 million.<\/p>\n
Meanwhile, imports from Sri Lanka witnessed 2.62 percent decline from $7.096 million to $6.910 million whereas Pakistan Imports from Bangladesh recorded at $ 3.518 million from $3.948 million during July 2021.<\/p>\n
The imports from Nepal into the country witnessed decline of 4.54 percent from $0.066 million to $0.063 million, it added.<\/p>\n","protected":false},"excerpt":{"rendered":"
ISLAMABAD, Pakistan\u2019s exports to the seven regional countries witnessed an increase of 20.50 percent in first months of current financial year (2021-22) as compared to the corresponding month of last year. The country\u2019s exports to the regional countries including Afghanistan, China, Bangladesh, Sri Lanka, India, […]<\/p>\n
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