• About
  • Advertise
  • Contact
Tuesday, August 16, 2022
  • Login
WRITE FOR US
Economy.pk
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
No Result
View All Result
Economy.pk
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
Economy.pk
Home Business

Pakistan’s export to China reaches 4$ billion end this year

byIrsa
August 3, 2022
in Business, Economy, New, News
Reading Time: 2 mins read
0
Pakistan's export to China reaches 4$ end this year
110
SHARES
2.7k
VIEWS
Share on FacebookShare on Twitter

 Pakistan’s exports to China have registered an 11% increase in the first half of this year. With this momentum, it is likely to reach $4 billion by the end of this year.

Pakistan’s export to China crossed $1.918 billion in the first half of this year, up 10.97 percent from $1.728 billion in the same period of the previous year, which continue to increase on yearly basis, shows the official data from the General Administration of Customs of the People’s Republic of China (GACC).

RelatedPosts

Toyota Reduces Prices of All Local Cars by Over Rs. 1.1 Million

Govt Jacks Up Petrol Price By Over Rs 6 , New Price is Rs 233.91 Per Liter

Flight From India Lands at Jinnah International Airport in Karachi

According to the State Bank of Pakistan (SBP), Pakistan exported goods worth $2.78 billion during the twelve months of the fiscal year 2021-22 against the exports of $2.04 billion during last year, showing an increase of 36.08 percent.

With the epidemic of COVID-19, bilateral trade has increased significantly.
In the first half of this year, the total volume of trade between China and Pakistan increased nearly 15 percent amounting to $ 14.39 billion as compared with the same period in 2021 which was $12.55 billion due to COVID-19.

Compared with data for the first half of 2021, this year Pakistan’s exports to China in January increased by 17.80% amounting to $382.22 million; in February it was up by nearly 30% crossing $287.65 million; in March it increased by 7.23% amounting to $367.71 million; COVID-19 impacted Pakistan’s exports in April causing a decrease of 21.15% standing at $283.53 million; in May it increased nearly 3% reaching $280.97 million while in June it increased by nearly 54% crossing $316.36 million.

An economic expert said that China has opened up its market for Pakistani goods. The two countries can benefit from long-term relationships and Pakistani traders can export more goods to China which is the second largest economy in the world.

He added Pakistan can become a food basket for China because the Chinese market is huge and has the good buying power, therefore Pakistan should take advantage of its good relationship and China can help relocate its industries and technologies to Pakistan to increase its exports to China around the world.

Tags: ChinaEconomyExportslatestPakistan
Irsa

Irsa

Related Posts

Toyota Reduces Prices of All Local Cars by Over Rs. 1.1 Million

Toyota Reduces Prices of All Local Cars by Over Rs. 1.1 Million

Pakistan's Toyota Indus Motor Company (IMC) has decreased the prices of all locally assembled vehicles. Out of all the automakers,...

Govt Jacks Up Petrol Price By Over Rs 6 , New Price is Rs 233.91 Per Liter

Govt Jacks Up Petrol Price By Over Rs 6 , New Price is Rs 233.91 Per Liter

The federal government on Monday announced a hike of Rs6.72 per litre in the price of petrol for the remaining...

Next Post
COAS attends funeral prayers of helicopter crash martyrs

COAS attends funeral prayers of helicopter crash martyrs

Recommended

Toyota Reduces Prices of All Local Cars by Over Rs. 1.1 Million

Toyota Reduces Prices of All Local Cars by Over Rs. 1.1 Million

Govt Jacks Up Petrol Price By Over Rs 6 , New Price is Rs 233.91 Per Liter

Govt Jacks Up Petrol Price By Over Rs 6 , New Price is Rs 233.91 Per Liter

Flight From India Lands at Jinnah International Airport in Karachi

Flight From India Lands at Jinnah International Airport in Karachi

Abdul Latif Sheikh becomes first Pakistani doctor to win prestigious pharmacy award

Abdul Latif Sheikh becomes first Pakistani doctor to win prestigious pharmacy award

Nawaz Sharif returning to Pakistan in September, says Javed Latif

Nawaz Sharif returning to Pakistan in September, says Javed Latif

Commonwealth Games’22 -The Way Forward.

Commonwealth Games’22 – The Way Forward

Connect with us

Twitter

Economy.pk

Economy.pk touches diverse topics with a lighter note and is geared toward audiences with various interests and all ages. Come and explore Economy.pk. Ample details and analysis are provided in extraordinarily readable manner making them compelling and interesting at the same time.

Category

  • World
  • Politics
  • Business
  • Technology
  • Education
  • Health
  • Life & Style
  • Opinions

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin

Sitelinks

  • Sitemap

Download our APP

download on android app download on apple app
  • About
  • Advertise
  • Contact

© 2022 All Rights Reserved Economy.pk | Designed & Developed by Digital Otters

  • LATEST
  • World
    • Europe
    • Americas
    • Asia
    • Oceania
    • Africa
    • Canada
    • Middle East
  • Finance
  • Politics
  • Business
    • Economy
    • Finance
    • Entrepreneurship
    • Real Estate
  • Technology
    • Cyber Security
    • Mobiles
    • Social Media
  • Education
  • Sports
  • Life & Style
    • Personalities
    • Art
    • Culture
    • History
    • Entertainment
    • Fashion
    • Food
    • Health
      • Environment
      • Fitness
  • Sponsored

© 2022 All Rights Reserved Economy.pk | Designed & Developed by Digital Otters

No Result
View All Result

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In