Pakistan exports to China rise 55% in May

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ISLAMABAD, Pakistan’s exports to China in May 2022 have increased by 55% to reach US$228.92 million as compared to the corresponding month of the previous when it was recorded US$147.43 million in May 2021, Gwadar Pro reported on Tuesday quoting Trade Development Authority Pakistan (TDAP)’s latest monthly report.

However, when the exports are compared to April 2022’s exports, they are slightly decreased by US$6.39 million. In April 2022, Pakistan’s exports to China were US$235.21 million.

According to TDAP, on the scale of July-May 2022, Pakistan’s total exports were recorded at US$28,848 million, which is 27.78% more than July-May 2021’s US$22,576 million.

Moreover, Pakistan’s imports from China in May 2022 decreased by 6% to US$14,771.52 million as compared to May 2021 when the exports were recorded as US$15,666.26 million.