China tops Pakistan imports list in five months of FY20

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China remained at the top in the list of Pakistan imports with total USD 4025.177 million during first five months of the current fiscal year FY20 followed by the United Arab Emirates (UAE) and Singapore.

During the month of November last year, the total imports by Pakistan from China witnessed a negative growth of 5.49 percent as compared to imports worth USD 4259.085 million in the same time last year, according to the data issued by the State Bank of Pakistan (SBP).

From the UAE, Pakistan imported goods worth USD 3070.454 million as compared to the imports of USD 4300.905 million last year, showing a decline of 28.60 percent.

Singapore was at third as Pakistan imported products worth USD 917.708 million as compared to USD 771.262 million last year, showing a decrease of 48.18 percent, the data read.

During first month of FY 20, among other countries, Pakistan’s imports from Qatar stood at USD 794.654 million against USD 786.815 million last year, showing a nominal increase of 0.99 percent while imports from the U.S. were recorded at USD 729.167 million as compared to USD 747.560 million last year, showing a decrease of 2.46 percent.

The imports from Saudi Arabia were recorded at USD 622.855 million against USD 1309.231 million whereas imports from Japan were recorded at USD 519.089 million as compared to USD 680.868 million last year.