Pakistan’s US Exports Dip Slightly in July-August 2024
The overall exports to the US were recorded at US $949.855 million during July-August (2024-25) against exports of US $934.666 billion during July-August (2023-24), SBP data revealed.
On a year-to-year basis, the exports to the US decreased to $473.838 million in August 2024 against the export of $494.774 million in August 2023.
Meanwhile, on a month-on-month basis, the exports to the US witnessed a nominal decrease of 0.45 percent during August 2024 as compared to the exports of $476.017 million in July 2024, the SBP data revealed.
Pakistan’s exports to other countries witnessed an increase of 7.18 percent
Overall Pakistan’s exports to other countries witnessed an increase of 7.18 percent in the first two months, from US $4536.015 million to US $4862.017 million, the SBP data revealed.
On the other hand, the imports from the US into the country during the months under review were recorded at US $370.661 million against US $350.977 million last year, showing an increase of 5.60 percent in July-August (2024-25).
On a year-on-year basis, the imports for the US also increased to US $185.606 million in August 2024, against the export of US $176.497 million in August 2023.
On a month-on-month basis, the imports from the US into the country witnessed a nominal decrease of 0.29 percent during August 2024, as compared to the imports of US $185.055 million during July 2024, according to the data.
The overall imports into the country witnessed an increase of 13.82 percent, from $8376.052 million to US $9533.997 billion, according to the data.
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