Islamabad: Pakistan’s exports of goods and services to China increased by 37.68 percent in the first ten months of this fiscal year (2023-24) compared to the same period last year. ) reported.
According to SBP data, total exports to China during July-April (2023-24) stood at $2.341 billion against US exports of $1.700 billion.
Over 24 years, exports to China increased 13.56 percent from $175,542 million in April 2023 to $199,352 million in April 2024.
According to SBP data, exports to China in April 2024 decreased by 18.97 percent compared to exports of $246.030 million in April 2024.
According to SBP data, Pakistan’s exports to other countries increased by 10.64 percent from $23.199 billion to $25.669 billion in the first ten months.
On the other hand, imports from China during the month under review were recorded at $10.648 billion compared to $8.343 billion last year, showing an increase of 27.61 percent in July-April (2023-24).
Imports with China increased by 1124.92% from USD 598.196 million in April 2023 and reached USD 1.285 billion in April 2024.
According to the data, China’s domestic imports increased by a nominal 1.39 percent in April 2024.
According to the data, the country’s total imports decreased by 5.27 percent from $45.766 billion to $43.353 billion.
