Exports from Pakistan to UK increase by 19 percent

  

LONDON: The U.K. remains among Pakistan's top five export destinations with balance of trade in favour of Pakistan. Exports from Pakistan to the United Kingdom increased by approximately 19% and accounted a value of £659.62 million during the first 9 months i.e. January-September of the calendar year 2011 as compared to the corresponding period of the last year .  

 

There was a significant export growth seen in fruits, vegetables, cereals, spices, pharmaceutical products, articles of base metal, carpets, cement, musical instruments, articles of apparel & clothing accessories, etc.

 

The total trade during January – September 2011 was recorded at £1.04 billion with an increase of approximately 17% as compared to total trade of £894.47 million during January – September 2010. Pakistan imports from the United Kingdom were also up by 13% amounting to £383.90million.

 

Approximately 20% export growth is in line with the commitment made by both governments to double the bilateral trade from £1.1 billion to £2.5billion by the year 2015.

 

 

November 22, 2011

 

Last updated: 23 November 2011