ISLAMABAD, Jan 4 (INP): In the outgoing year 2021, Pakistan’s exports to China showed a positive trend, as with each passing month, the former country’s exports to the latter was increased significantly.
As per Gwadar Pro’s report, the value of Pakistan’s exports to China in July-November 2021 grew by 62.4% compared to the value of exports in July-November 2020.
According to figures derived from the monthly trade reports of PTDA, the value of Pakistan’s exports to China during July-November 2021 remained US$ 1288.68 million (US$ 1.29 billion) compared with US$ 793.46 million (US$0.79346 billion) during the same period in 2020.
In the current fiscal year July through November, Pakistan’s exports to China was increased month over month. In July 2021, Pakistan’s exports to China was US$ 194.86m, in August US$ 197.27m, in September US$ 261.86m, in October US$ 281.30m while November the exports value was US$ 353.39m.
According to Abdul Razak Dawood, Advisor to PM on Commerce and Investment, During the first half of the current FY (Jul-Dec 2021), exports increased by 25% to US$ 15.125 billion as compared to US$ 12.110 billion during Jul-Dec 2020.