Pakistan’s exports to China soar with nearly 80% YoY growth – Hum NEWS

WEB DESK: Pakistan’s exports of goods and services to China experienced a notable surge, marking a significant increase of 40.36 per cent during the initial four months of the ongoing fiscal year (2023-24). According to the State Bank of Pakistan (SBP), the total exports to China reached US $952.216 million from July to October (2023-24), showcasing substantial growth compared to the US $678.386 million recorded in the same period the previous fiscal year (2022-23). Analysing the data on a year-to-year basis reveals a remarkable surge of 79.74 per cent in exports to China, with figures rising from $177.386 million in October 2022 to $318.842 million in October 2023. Additionally, on a month-on-month basis, October 2023 witnessed a 12.63 per cent…

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Categories: Business, Consumer Goods and Services, Marketplaces, Society, Religion and Spirituality, Falun Dafa