Islamabad: Pakistan’s exports to the United States increased by 9.78% during the first half of the fiscal year 2024-25, according to the State Bank of Pakistan. The total exports to the US reached $3.017 billion from July to December 2024, up from $2.748 billion during the same period the previous year.

The State Bank data also indicated a year-on-year increase in exports to the US, with figures rising to $504.481 million in December 2024 from $449.731 million in December 2023. On a month-to-month basis, exports to the US grew by 6.08% in December 2024, compared to $475.540 million in November 2024.

This growth in exports to the US contributed to an overall increase in Pakistan’s exports to other countries, which saw a rise of 7.15% in the first half of the fiscal year, moving from $15.146 billion to $16.229 billion.

Meanwhile, Pakistan’s imports from the US also experienced a significant surge. The imports were recorded at $1.080 billion from July to December 2024-25, compared to $894.693 million in the previous year, marking a 20.76% increase.

The data underscores a strengthening trade relationship between Pakistan and the United States, as both exports and imports have seen substantial growth during the period under review.