China remains top importer, traded products over $1884m

China topped the list of countries from where Pakistan imported different products during the first two months of the current fiscal year (2020-21), followed by United Arab Emirates (UAE) and Singapore.

The total imports from China during July-August 2020-21 were recorded at $1884.801 million against the $1592.096 million during July-August 2019-21, showing an increase of 18.38 percent during the period, according to State Bank of Pakistan (SBP).

This was followed by UAE, where from Pakistan imported goods worth $1089.203 million against the imports of $1268.907 million last year, showing negative growth of 14.16pc.

Singapore was the at third top country from where Pakistan imported products worth $365.687 million against the imports of $403.247 million last year, showing the decline of 9.31 percent, SBP data revealed.

Among other countries, Pakistani imports from USA stood at $311.377m against $227.769m during last year, showing growth of 36.70pc while the imports from Saudi Arabia were recorded at $215.007m against $314.156m last year, showing decrease of 31.56pc, the data revealed.

The imports from Switzerland were recorded at $200.802m against $81.815m where as the imports from Malaysia were recorded at $166.344 million against $160.942 million last year.

During July-August, the imports from Indonesia were recorded at $164.010 million against $172.347 million whereas the imports from South Korea at $154.985 million against $114.179 million.

Pakistan's imports from Germany were recorded at $141.185 million against $161.583 million where as the imports from Japan stood at $126.390 million against $249.342 million.

Similarly, the imports from Kuwait during the period under review were recorded at $111.797 million against $166.854 million while the imports from UK stood at $109.783 million against $131.627 million.