Increase in Pakistani exports to Saudi Arabia during the last financial year - Money

Enhance in Pakistani exports to Saudi Arabia over the last monetary yr – Cash

Economy By Aug 28, 2023 No Comments



Pakistan’s exports to Saudi Arabia have elevated over the last monetary yr, whereas imports have decreased.

In keeping with the information launched by the State Financial institution on this regard, the amount of Pakistan’s exports to Saudi Arabia within the fiscal yr 2023 was recorded at 503.40 million {dollars}, which is 20 p.c greater than the fiscal yr 2022. .40 million {dollars} was obtained in change.

In keeping with the report, exports to Saudi Arabia had been recorded at $29.66 million in July, in comparison with $46.29 million in June and $42.63 million in July final yr.

In keeping with the statistics, a lower of 27.28% has been recorded within the imports from Saudi Arabia within the monetary yr 2023 on an annual foundation. Within the monetary yr 2023, the amount of imports from Saudi Arabia was recorded at 3.32 billion {dollars}, which was 4.23 billion {dollars} within the monetary yr 2022.

In keeping with the report, $443.56 million was spent as overseas change on imports from Saudi Arabia in July, $216.63 million in June and $170.97 million in July final yr.



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