Pakistan's exports to China surged by 69% percent in 2021

Islamabad: Pakistan’s exports to China have increased by 68.9% in year 2021—crossing the historical figure of 3.58 billion dollars. 

According to the official data from the General Administration of Customs of China (GACC), the total import and export between the both countries stood at 27.82 billion dollars while the total import and export between the two countries stood at $27.82 billion. 

Pakistan's exports made the highest gain in November 2021 when its export volume to China was 379.17 million dollars.

Last year, the highest value was in December 2020 when its export volume was 312.33 million dollars.

Pakistan’s export to China crossed $365.35 million in December 2021, up 17 percent, while in the same period of the previous year, it was $312.33 million, which is the second-highest figure of the year, China Economic Net (CEN) reported.

Overall, from January to December 2021, China’s imports from Pakistan totaled $3.58 billion irrespective of COVID-19, while in the same period of last year it was $2.12 billion.

This year China’s export to Pakistan was increased by 57.8% to $24.23 billion, while last year it was $15.36 billion and in 2019 it was $16.17 billion.

It is pertinent to mention here that the major products traded between two countries including electronics, textiles, seafood, and agricultural—have been increased year-on-year, promoting Pakistan’s economic recovery.