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Latest News - February 1, 2024

Pakistan’s exports to China up by 40% in 6 months

Pakistan experienced a significant 40.01% increase in its export of goods and services to China during the first six months of the current fiscal year (2023-24), compared to the same period last year, according to the State Bank of Pakistan (SBP). The total exports to China for July-December (2023-24) reached US $1481.499 million, a notable rise from the US $1058.088 million recorded in the corresponding period of the previous fiscal year.

Pakistan’s export of goods and services to China witnessed an increase of 40.01 per cent during the first six months of the current fiscal year (2023-24) as compared to the exports of the corresponding period of last year, State Bank of Pakistan (SBP) reported.

The overall exports to China were recorded at US $1481.499 million during July-December (2023-24) against exports of US $1058.088 million during July- December (2022-23), SBP data revealed.

On a year-to-year basis, the exports to China also surged by 42.80 per cent from $180.643 million in December 2022, against the exports of $257.966 million in December 2023.—APP
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