Pakistan has experienced a noteworthy surge in its export of goods and services to China during the initial two months of the current fiscal year (2023-24). According to data reported by the State Bank of Pakistan (SBP), exports to China have grown by an impressive 5.16% when compared to the corresponding period of the previous year.
This substantial increase in exports signifies the strengthening trade relationship between Pakistan and China, underlining the growing demand for Pakistani goods and services in the Chinese market. The positive trend in exports is indicative of the efforts and collaboration between the two nations to enhance bilateral trade ties and promote economic cooperation.
The State Bank of Pakistan’s report reflects a promising start to the fiscal year, suggesting the potential for further expansion and diversification of trade between the two countries in the months ahead.