Products to Focal Asian Nations: Develop by 21% in 8 Months of FY24
Pakistan sent out merchandise worth
more than $158 million to five focal Asian nations during the initial 8 months
of the monetary year 2023–24, up by 21.17 percent compared with $130.45 million
in a similar period last year.
The complete worth of Pakistan's
products to Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan
has reached $158.07 million in 8MFY24, yet despite this development, imports
from the area have declined by 18.5 percent to $17.4 million during the period
in the survey.
Pakistan's products to Turkmenistan
saw a slight decay of 6.33 percent, while imports bounced 113% during the
period under survey.
Products from Uzbekistan and
Kazakhstan fell 11.55 percent and 85.74 percent, respectively.
Pakistan's products to Kyrgyzstan saw
a huge increment of 129%, while imports declined by north of 92%. In the meantime,
commodities to Tajikistan encountered a slight decay of 6.87 percent, with
imports likewise dropping by 23.3 percent.
Generally, Pakistan's commodities to
focal Asian nations have shown promising development, yet there are still
undiscovered possibilities in their respective exchanges.
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