Pakistan has bilateral and multilateral trade agreements with many nations and international organizations. It is a member of the World Trade Organization, part of the South Asian Free Trade Area agreement and the China–Pakistan Free Trade Agreement.
Following is a table with Pakistan’s top 10 Exports By Country in U.S. dollars, according to the United Nations COMTRADE database on international trade.
|Pakistan Exports By Country||Value||Year|
|United Arab Emirates||$1.17B||2021|
Main commodities of exports during August, 2021 were Knitwear, Readymade garments, Bed wear, Cotton cloth, Cotton Yarn, Rice others, Towels, Madeup articles (excl. towels & bedwear), Basmati rice and Fruits.
According to stats, Pakistan’s exports reached $100 million per day in February, which is an impressive record for the economy. This was stated by Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood while presiding over a consultative meeting to discuss the trade trends for the financial year 2021-22.
According to the provisional figures compiled by the Pakistan Bureau of Statistics (PBS) exports from Pakistan during February 2022 grew by 7.9 percent to $2.820 billion as compared to $2.614 billion in January 2022. They increased by 36.4 percent as compared to $2.068 billion in February 2021. For the first time, export reached $100 million per day in February 2022.
There were indications that the growth in imports has started to decline. The imports in February 2022 decreased by 2.14 percent to $5.907 billion as compared to $6.036 million in January 2022.