ISLAMABAD - The United States has maintained its position as the leading export destination for Pakistani products during the first half of the fiscal year 2025-26, according to the latest data released by the State Bank of Pakistan (SBP). This significant development highlights the continued strength of trade relations between Pakistan and the US, with China and the United Kingdom following closely as the second and third top destinations, respectively.
Top Export Destinations Show Mixed Trends
The SBP data reveals that total exports to the United States during the July-December 2025-26 period reached $3.177 billion. This represents a notable increase compared to the $3.018 billion recorded during the same period in the previous fiscal year, marking a growth of 5.26 percent. This upward trend underscores the robust demand for Pakistani goods in the American market.
China and UK Performance Analysis
Following the United States, China emerged as the second-largest export destination for Pakistan. However, exports to China during the first half of FY 2025-26 were recorded at $1.216 billion, which is a decrease from the $1.288 billion exported in the corresponding period last year. This decline of 5.59 percent indicates a slight contraction in trade volumes with China.
The United Kingdom secured the third position, with Pakistani exports valued at $1.096 billion during the review period. This figure is nearly stable compared to the $1.099 billion exported in the previous year, showing minimal change and reflecting consistent trade relations.
Other Key Export Markets
The State Bank of Pakistan data provides insights into several other important export destinations for Pakistan:
- United Arab Emirates (UAE): Exports stood at $1.023 billion, down from $1.089 billion last year.
- Germany: Exports increased to $861.316 million from $845.339 million.
- Holland: Recorded at $747.413 million, slightly up from $743.458 million.
- Italy: Exports rose to $612.888 million from $570.082 million.
- Spain: Showed significant growth with exports at $807.452 million compared to $725.102 million last year.
Regional and European Markets
Exports to neighboring and European countries displayed varied performances:
- Afghanistan: Exports dropped sharply to $219.489 million from $505.818 million.
- Bangladesh: Decreased to $358.499 million from $387.772 million.
- France: Slightly down at $276.387 million compared to $282.601 million.
- Belgium: Recorded at $289.639 million, down from $299.111 million.
- Saudi Arabia: Exports fell to $337.927 million from $364.465 million.
- Turkiye: Showed a notable decline to $100.080 million from $155.794 million.
This comprehensive data from the State Bank of Pakistan illustrates the dynamic nature of Pakistan's export landscape, with the United States leading the way amid fluctuating trends in other key markets. The figures underscore the importance of diversifying trade partnerships and enhancing export competitiveness to sustain economic growth.
