Pakistan’s exports to the US increased by 9.39% to $2.037 billion.
According to the State Bank of Pakistan (SBP), during the last four months, Pakistan has increased its exports to the US by 9.39 percent in the current fiscal year (2024-25) as compared to the previous year.
As reported by Pak Observer on Saturday, SBP data showed that total exports to the US during July-October (2024-25) were recorded at US$ 2.037 billion while July-October (2023 -24) Exports were 1.862 billion US dollars during the period.
On a year-on-year basis, exports to the US rose to $575.889 million in October 2024 from $485.786 million in October of the previous fiscal year (2023-24), State Bank of Pakistan data showed. Was in competition.
On a month-on-month basis, October 2024 saw a 12.58% increase in exports to the US. In September 2024, exports from Pakistan to the US were $511.525 million, according to SBP data.
In the first four months of the current fiscal year (2024-25), Pakistan’s exports to other countries grew by 8.64 percent, from $9.671 billion to $10.507 billion, according to State Bank of Pakistan data. It appears from the count.
On the other hand, the volume of Pakistan’s imports from the US was 739.163 million dollars, while last fiscal year’s imports from the same country were 589.239 million dollars, which shows an increase of 24.44% during July to October this year.