Pakistan exports to China rise 55% in May

[Luosifen]

By Tahir Ali | Gwadar Pro Jun 7, 2022

Source: TDAP documents
ISLAMABAD, June 7. (Gwadar Pro)- 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, according to 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.

Pakistan exports to China rise 55% in May

Source: TDAP documents ISLAMABAD, June 7. (Gwadar Pro)- Pakistan’s exports to China in May 2022 h

gwadarpro.pk

 

[MultaniGuy]

A good strategy. China has a population of 1.45 billion people.

They need agricultural good and textiles goods.

 

[Ghazwa-e-Hind]

We have fertile land, Alhamdolillah. We just need agricultural tech (drip-irrigation, canals etc.) and equipment from China, our production would increase ten-folds. Win-win for both countries.

 

[MultaniGuy]

We have fertile land, Alhamdolillah. We just need agricultural tech (drip-irrigation, canals etc.) and equipment from China, our production would increase ten-folds. Win-win for both countries.

I heard China is almost responsible of industrializing Pakistan.

 

[Luosifen]

The year-on-year change in export growth to Canada was massive, wonder if it can sustain that rate.