In the fiscal year 2015 (FY2015), the United States (U.S.) stood out as the top export destination for the Pakistan-based products. When it came to imports, China was the top source for Pakistan.
The overall exports from Pakistan were recorded at $22.09 billion. Pakistan’s exports to the U.S. were a total of $3.66 billion in FY2015, followed by China where goods worth up to $1.93 billion were exported.
These statistics were highlighted in the recent Pakistan Business Council (PBC) report. The report also listed the top 10 countries that Pakistan exports to, as well as the ones from which we import the most.
Here they are:
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Top 10 Pakistani Export Destinations in FY15:
- America ($3.66bn)
- China ($1.93 bn)
- Afghanistan ($1.72bn)
- United Kingdom ($1.57bn)
- Germany ($1.15bn)
- United Arab Emirates ($0.90bn)
- Spain ($0.78bn)
- Bangladesh ($0.70bn)
- Netherlands ($0.67bn)
- Italy ($0.62bn)
Top 10 Sources of Imports in FY15:
- China ($11.02bn)
- United Arab Emirates ($5.73bn)
- Saudi Arabia ($3.01bn)
- Indonesia ($2.04bn)
- United States of America ($1.92bn)
- Japan ($1.73bn)
- Kuwait ($1.71bn)
- India ($1.67bn)
- Germany ($0.97bn)
- Malaysia ($0.91bn)
Out of the total imports of $43.99 billion in FY2015, the imports from China stood at $11.02bn, the PBC report revealed.