{"id":5588,"date":"2021-01-31T14:20:22","date_gmt":"2021-01-31T14:20:22","guid":{"rendered":"https:\/\/pni.net.pk\/en\/?p=5588"},"modified":"2021-01-31T14:20:24","modified_gmt":"2021-01-31T14:20:24","slug":"pakistans-exports-to-china-up-41pc-last-december","status":"publish","type":"post","link":"https:\/\/pni.net.pk\/en\/top-news\/pakistans-exports-to-china-up-41pc-last-december\/","title":{"rendered":"Pakistan\u2019s exports to China up 41pc last December"},"content":{"rendered":"\n<p>BEIJING: Pakistan\u2019s exports to China crossed $312.33 million in December 2020, shows the official data from the General Administration of Customs of the People\u2019s Republic of China (GACC).<\/p>\n\n\n\n<p>Exports increased by 41% on a year-on-year basis last December, according to GACC figures received by Pakistan.<\/p>\n\n\n\n<p>Despite the epidemic of COVID-19, bilateral trade has increased significantly. Pakistan\u2019s exports stood at $312.33 million in December 2020, up 41 percent from $221 million in the same month of the previous year, which grew for six consecutive months, China Economic Net (CEN) reported.<\/p>\n\n\n\n<p>Last month Adviser to Prime Minister on Commerce and Investment, Abdul Razak Dawood announced via Twitter that Pakistan\u2019s export to China registered an increase of 30% in November 2020.<\/p>\n\n\n\n<p>Pakistan made the highest gain in December 2020 when its export volume was $312.33 million against total exports to China.<\/p>\n\n\n\n<p>Overall, from January to December 2020, China\u2019s imports from Pakistan counted $2.12 billion irrespective of COVID-19 that impacted fiscal 2020.<\/p>\n\n\n\n<p>This year China\u2019s export to Pakistan decreased 4.95 percent amounting to $15.36 billion as compared to the previous year which was $ 16.17 billion.<\/p>\n\n\n\n<p>The total volume of trade between China and Pakistan was decreased by 2.69 percent amounting to $17.49 billion as compared to 2019 which was $17.97 billion due to COVID-19.<\/p>\n\n\n\n<p>In the fourth quarter, China\u2019s imports rose 44% from the previous year to $695.63 million, while the overall imports and exports in last quarter increased 4% amounting to $5.46 billion whereas in the last year it was $5.27 billion.<\/p>\n\n\n\n<p>Among the growth of trade in major products between the two countries, textiles, seafood and agricultural products have increased year on year, which has promoted Pakistan\u2019s economic recovery and increased its exports to China.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BEIJING: Pakistan\u2019s exports to China crossed $312.33 million in December 2020, shows the official data from the General Administration of Customs of the People\u2019s Republic of China (GACC). Exports increased by 41% on a year-on-year basis last December, according to GACC figures received by Pakistan. [&#8230;]<\/p>\n<p>\n","protected":false},"author":8,"featured_media":5589,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[270,2],"tags":[413,4059],"class_list":["post-5588","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","category-latest-world-news","tag-exports","tag-pak-china-2"],"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 up 41pc last December - Pakistan News International<\/title>\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-world-news\/pakistans-exports-to-china-up-41pc-last-december\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Pakistan\u2019s exports to China up 41pc last December - Pakistan News International\" \/>\n<meta name=\"twitter:description\" content=\"BEIJING: Pakistan\u2019s exports to China crossed $312.33 million in December 2020, shows the official data from the General Administration of Customs of the People\u2019s Republic of China (GACC). Exports increased by 41% on a year-on-year basis last December, according to GACC figures received by Pakistan. 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