USA, China, UK remain top three destinations of Pakistani exports: State Bank of Pakistan

[Kailash Kumar]

USA, China, UK top three destinations of Pakistani exports: SBP

JANUARY 27, 2020

ISLAMABAD: The United States of America (USA) remained the top export destinations of the Pakistani products during first half of current financial year (2019-20), followed by China and United Kingdom (UK).

The total exports to the USA during July-December (2019-20) were recorded at $2074.168 million against the exports of $2018.797 million during July-December (2018-19), showing an increase of 2.74 percent during the period under review, according to State Bank of Pakistan (SBP).

This was followed by China, wherein Pakistan exported goods worth $936.858 million against the exports of $889.642 million last year, showing increased of 5.30 percent.

UK was the at third top export destination, where Pakistan exported products worth $863.347 million during the current financial year against the exports of $895.074 million during last fiscal year, showing decrease of 3.54 percent, SBP data revealed.

Among other countries, Pakistani exports to United Arab Emirates (UAE) stood at $827.731 million against $638.221 million during last year, showing increase of 29.69 percent while the exports to Germany were recorded at $670.833 million against $647.285 million last year, the data revealed.

During the first half of financial year, the exports to Afghanistan were recorded at $543.159 million against $534.654 million whereas the exports to Span stood at $445.086 million against $448.162 million.

Pakistan’s exports to Italy were recorded at $386.969 million against $379.409 million last year where as the exports to Bangladesh stood at $369.313 million against $378.193 million.

Similarly, the exports to Belgium during the current financial year were recorded at $266.187 million against $301.740 million while the exports to France stood at $222.013 million against $228.707 million.

Pakistan’s exports to Singapore were recorded at $117.594 million during the current financial year compared to $130.160 million last year whereas, the exports to Canada stood at $143.424million against $148.368 million, to Saudi Arabia $243.213 million against $151.389 million whereas the exports to India stood at $16.878 million during the financial year against $213.655 million during last year.

https://dailytimes.com.pk/547342/usa-china-uk-top-three-destinations-of-pakistani-exports-sbp-2/

 

[Baby Leone]

the reason why our region is not progressing see most of us have exports partners who are very far from us and mostly black mail us.....whereas most of the developed countries have major exports to neighboring countries i hope indians understands this and stop killings and fighting with all neighbors on US orders and we all start growing economically which will automatically resolve all issues.

 

[Pakistani Fighter]

We need to stop smuggling of our goods to Afghanistan

 

[Wood]

the reason why our region is not progressing see most of us have exports partners who are very far from us and mostly black mail us.....whereas most of the developed countries have major exports to neighboring countries i hope indians understands this and stop killings and fighting with all neighbors on US orders and we all start growing economically which will automatically resolve all issues.

Trade between India and Pakistan is not viable as long as Kashmir dispute is seen as a cornerstone of relationship between both countries. While one can empathize with your bias that Indians are responsible for the deterioration of relationship, truth is that both sides think Kashmir issue to be more important than trade.

 

[Flash_Ninja]

Trade between India and Pakistan as long as Kashmir dispute is seen as a cornerstone of relationship between both countries. While one can empathize with your bias that Indians are responsible for the deterioration of relationship, truth is that both sides think Kashmir issue to be more important than trade.

First of all its not a bias its a fact. Indian position always boils down to no mediation but also no bilateral talks, not to mention the constant threats to invade Pakistan.

The reasons for this ridiculous position is probably the dumbest policy justification I've ever heard. It goes something like Pakistans government is fake and not representative of Pakistans position because the army secretly controls everything and they dont want relations to improve .

Secondly, I think the poster was refering to Pakistans neighbours excluding India. Afghanistan and Iran, are the biggest untapped markets in the region and our neighbours in the Gulf such as the UAE, Oman, SA, Qatar, are all a huge market that Pakistan has yet to exploit.

 

[Wood]

First of all its not a bias its a fact. Indian position always boils down to no mediation but also no bilateral talks, not to mention the constant threats to invade Pakistan.

The reasons for this ridiculous position is probably the dumbest policy justification I've ever heard. It goes something like Pakistans government is fake and not representative of Pakistans position because the army secretly controls everything and they dont want relations to improve .

Secondly, I think the poster was refering to Pakistans neighbours excluding India. Afghanistan and Iran, are the biggest untapped markets in the region and our neighbours in the Gulf such as the UAE, Oman, SA, Qatar, are all a huge market that Pakistan has yet to exploit.

Negotiation (bilateral or multi-lateral) is useless in the Kashmir impasse. Pakistan wants Indian administered Kashmir and India will not oblige. No amount of talk will change the position of either side. Both Pakistan and Indian establishment know this well. Everything else you hear about legitimacy of govt. etc are just sound bites.

If the poster I quoted did not mean India by referring to Indians in his post, then I was misled. He can ignore my post.

 

[Flash_Ninja]

Negotiation (bilateral or multi-lateral) is useless in the Kashmir impasse. Pakistan wants Indian administered Kashmir and India will not oblige. No amount of talk will change the position of either side. Both Pakistan and Indian establishment know this well. Everything else you hear about legitimacy of govt. etc are just sound bites.

If the poster I quoted did not mean India by referring to Indians in his post, then I was misled. He can ignore my post.

The whole point of negotiating is for two opposing sides to come to a mutually agreeable solution. To say that the position can't be changed without even showing a single iota of effort by continuously refusing to talk is a completely illogical belief. Musharaff literally offered to make the current loc the international border and he had the full backing of the "establishment" yet the indian side under Vajyapee pulled out.

Its definitely a deliberate policy of India to refuse any negotiation or settlement on Kashmir, and the neverending status of conflict is only the fault of India.

 

[Wood]

The whole point of negotiating is for two opposing sides to come to a mutually agreeable solution. To say that the position can't be changed without even showing a single iota of effort by continuously refusing to talk is a completely illogical belief. Musharaff literally offered to make the current loc the international border and he had the full backing of the "establishment" yet the indian side under Vajyapee pulled out.

Its definitely a deliberate policy of India to refuse any negotiation or settlement on Kashmir, and the neverending status of conflict is only the fault of India.

I think Musharraf was negotiating with MMS and not Vajpayee.

https://economictimes.indiatimes.co...ood-kasuri-ex-pak-fm/articleshow/49235213.cms

Indian side claims that it was Pakistan's side (Musharaff) that got side tracked by the Lal Masjid operation at that time and lost Musharaff's capacity to seal the deal. You may deny this; neither you nor I can substantiate each side's claim with credible evidence.

Indian side at that time wanted to make LOC as an International border that is open for people's movement. Even now the current Indian administration may be open to such a solution (despite their impractical rhetoric of claiming Pakistani Kashmir). Do you think the Pakistani side will go along with that? I will not put my money on it.

 

[Flash_Ninja]

I think Musharraf was negotiating with MMS and not Vajpayee.

https://economictimes.indiatimes.co...ood-kasuri-ex-pak-fm/articleshow/49235213.cms

Indian side claims that it was Pakistan's side (Musharaff) that got side tracked by the Lal Masjid operation at that time and lost Musharaff's capacity to seal the deal. You may deny this; neither you nor I can substantiate each side's claim with credible evidence.

Indian side at that time wanted to make LOC as an International border that is open for people's movement. Even now the current Indian administration may be open to such a solution (despite their impractical rhetoric of claiming Pakistani Kashmir). Do you think the Pakistani side will go along with that? I will not put my money on it.

Here it is from the mouth of the man himself:

Manmohan singh tried to negotiate which got postponed indefinitely after the mumbai attack in 2008, before that political situation in Pakistan got complicated with the lawyers movement, Benazir Bhuttos assassination, and blowback from Musharaffs operations led to elections and a new government coming in.

I dont care what you put your money on, the definition of negotiation is for two opposing sides to come to a mutually agreeable solution. To say that you already know the outcome of that negotiation without even showing a single iota of genuine effort is nonsensical.