ISLAMABAD — The United States retained its position as the leading destination for Pakistani exports during the first two months of the ongoing fiscal year 2025–26, followed by the United Kingdom and China, according to the latest data released by the State Bank of Pakistan (SBP).
Exports to the US reached $1.11 billion in July–August, compared to $950.1 million in the same period last year, reflecting a strong year-on-year increase of 17 percent. The United Kingdom came in second, with exports valued at $385.1 million, up 5.1 percent from last year’s $366.3 million.
China ranked third among Pakistan’s top trading partners, as exports rose to $354.5 million, compared to $323.4 million in the corresponding period of the previous fiscal year.
Mixed Performance in Other Key Markets
The UAE, traditionally a major market, saw a decline in Pakistani exports. Sales to the Emirates dropped to $320.7 million from $401 million last year. Exports to Germany, however, posted an increase, rising to $305.7 million compared to $287.2 million a year earlier.
Trade with several European countries showed mixed trends. Exports to the Netherlands were recorded at $243 million, slightly down from $247.3 million last year, while Italy showed improvement with shipments reaching $215.5 million compared to $187 million in the previous year. Exports to Spain also picked up, totaling $242.2 million, up from $231.9 million last year.
In the regional market, Pakistan’s exports to Afghanistan declined to $109.3 million from $146.7 million, while exports to Bangladesh stood at $116.3 million, down from $122 million a year ago.
Exports to France, Belgium and the Middle East
France imported goods worth $88.5 million during the period under review, slightly higher than the $82.7 million recorded last year. Exports to Belgium, however, fell to $86.5 million, compared to $100.4 million last year.
Among Gulf countries, Saudi Arabia imported goods worth $106.7 million, down from $114.2 million in the previous year. Trade with Turkiye also dropped significantly, with exports declining to $28.5 million from $64.8 million.
