U.S.A. remains top export destination for Pakistan in September

The United States remained Pakistan's biggest export destination in September, taking in $597.48mn of goods and marking a 12.5% increase from $531.27mn a year earlier. Citing State Bank of Pakistan figures, Mettis Link News reported that China ranked second with $265.81mn, a 27.7% rise on the $208.10mn recorded in September last year. The United Kingdom came third at $198.50mn, up 5.2%, while the UAE, led by Dubai, was fourth with $165.57mn, a 32.4% year on year gain.

Spain stood at $152.68mn, up 8.3%, while Germany slipped 4.7% to $133.81mn. The Netherlands fell 8.7% to $126.67mn and Italy dropped 12.5% to $96.98mn. Singapore climbed to $73.14mn from $14.89mn, and the Philippines reached $52.89mn against $7.57mn a year earlier. Saudi Arabia rose 18.2% to $63.27mn.

Measured month on month, United States exports rose 14.1%, China grew 46.5% and the UAE gained 10.6%. For the first quarter, covering July to September, United States shipments totalled $1,716.38mn, up 4.5%, with China at $663.57mn after an 18% rise. Singapore's cumulative exports jumped to $162.53mn from $48.64mn a year earlier.