ISLAMABAD: Pakistan has recorded a 14.8 percent increase in exports to the United States as compared to the last fiscal year, while exports of rice had increased by 45 percent and of edible preparations by 68 percent from 2019 to 2020, Islamabad’s ambassador to Washington said on Thursday.
According to the US Census website, trade volume for 2021 so far has stood at $839.7 million dollars in exports to Pakistan and $1,156.9 million in imports from the South Asian nation.
“Emerging positive trends,” Pakistan’s ambassador to US Asad Khan said in a Twitter post, saying exports to the US had risen by 14.8 percent year over year. “Increase is significant. Still enormous untapped potential for which we need to do better. Determined to work with and facilitate our exporters.”
Emerging positive trends. Our exports to US on the rise- 14.8% YoY increase is significant. Still enormous untapped potential for which we need to do better. Determined to work with and facilitate our exporters. https://t.co/3trATGKg4P
— Asad M. Khan (@asadmk17) May 26, 2021
In a separate tweet, the ambassador said he was “happy” to learn that a leading American grocery store has started stocking Pakistani rice and other food products.
Happy to learn that @kroger has started to stock Pakistani rice & other food products. Exports of rice from Pakistan to US increased by 45% & of edible preparations by 68% from 2019 to 2020 @PakinUSA @PakinNewYork @PakinLosAngeles @Pakinhouston @PakinChicago @FMPublicDiploPK pic.twitter.com/hd7kasHq7G
— Asad M. Khan (@asadmk17) May 26, 2021
On May 07, Pakistan’s Trade Mission in Washington DC said the country’s exports to the US during July-March 2021 had registered a 15.7 percent increase to $3.390 billion compared to $2.929 billion in July-March 2020. Workers remittances for the July-March period also showed a record 52.6 percent increase to $1.901 billion as compared to $1.246 billion in the past fiscal year.
Pakistan’s exports to US during July-March 2021 have registered 15.7% increase to $3.390B compared to $2.929B in July-March 2020 (Source: US DoC) @brecordernews @tdapofficial @GovtofPakistan @PakinUSA pic.twitter.com/8vUiIw9MXu
— Pakistan Trade Mission Washington DC (@PakUSTrade) May 7, 2021
