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Latest News - November 6, 2020

Pakistan imported most from China in the first quarter of the current fiscal year

China secures top position in the list of countries from where it imported different products during the first quarter (Q1) of the current fiscal year (2020-21), followed by the United Arab Emirates (UAE) and Singapore. The total imports from China during July-September (2020-21) were recorded at $2763.528 million against the $2292.749 million during July-September (2019-20), showing an increase of 20.53 percent during the period, according to the State Bank of Pakistan (SBP).

ISLAMABAD (Dunya News) – China topped the list of countries from where Pakistan imported different products during the first quarter (Q1) of the current fiscal year (2020-21), followed by United Arab Emirates (UAE) and Singapore.

The total imports from China during July-September (2020-21) were recorded at $2763.528 million against the $2292.749 million during July-September (2019-20), showing an increase of 20.53 percent during the period, according to State Bank of Pakistan (SBP).

This was followed by UAE, where from Pakistan imported goods worth $1742.533 million against the imports of $1858.772 million last year, showing negative growth of 6.25 percent.

Singapore was the at third top country from where Pakistan imported products worth $592.925 million against the imports of $553.288 million last year, showing growth of 30.72 percent, SBP data revealed.

Among other countries, Pakistani imports from Saudi Arabia stood at $441.924 million against $393.214 million during last year, showing growth of 12.39 percent while the imports from United State of America (USA) were recorded at $XMR revealed.

The imports from Switzerland were recorded at $283.064 million against $123.075 million whereas the imports from Malaysia were recorded at $270.700 million against $217.293 million last year.

During July-September, the imports from Indonesia were recorded at $240.848 million against $256.684 million whereas the imports from South Korea at $231.023 million against $176.834 million.

Pakistan’s imports from Kuwait were recorded at $227.633 million against $284.515 million whereas the imports from Japan stood at $190.055 million against $322.207 million.

Similarly, the imports from Thailand during the period under review were recorded at $174.988 million against $198.812 million while the imports from UK stood at $174.733 million against $184.207 million.

Pakistan’s imports from Oman were recorded at $148.029 million during the current fiscal year compared to $86.888 million last year, whereas the imports from Qatar stood at $137.509 million against $561.502 million.

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