Pakistan’s exports to China witness increase of 33.67% in FY 2023-24

Gwadar Pro

Islamabad: Pakistan’s exports of goods and services to China witnessed an increase of 33.67 percent during the twelve months of the fiscal year (2023-24) as compared to the exports of the corresponding period of last year, State Bank of Pakistan (SBP) reported this week.

The overall exports to China were recorded at $2.707 billion during July-June (2023-24) against exports of $2.025 billion during July-June (2022-23), SBP data revealed.

On a year-to-year basis, exports to China also surged by 12.59 percent from $136.546 million in June 2023, against the exports of $153.745 million in June 2024.

Pakistan’s overall exports to other countries witnessed an increase of 11.53 percent in FY 2023-24, from $27.875 billion to $31.090 billion, the SBP data mentioned.