Pakistan’s exports continued to see mixed trends in November, with the United States retaining its position as the country’s largest trading partner.
According to data from the State Bank of Pakistan, exports to the US stood at $451.45 million during the month, down 5.3 percent compared to $476.9 million in the same period last year. On a monthly basis, shipments to the US dropped sharply by 17.3 percent.
China remained the second-largest export destination, with goods worth $194.21 million shipped in November. However, this reflected a significant decline of 19.7 percent year-on-year, and a 14.2 percent drop compared to October.
The United Arab Emirates, particularly Dubai, was the third-largest market, with exports increasing by 8.5 percent year-on-year to $173.71 million. Month-on-month, shipments to the UAE jumped 27.6 percent, showing strong sequential growth.
The United Kingdom ranked fourth, with exports valued at $151.94 million, down 12.5 percent compared to November last year. Other major destinations also saw declines, with exports to Germany at $121.77 million (down 5.3 percent), Spain at $120.45 million (down 1.3 percent), and the Netherlands at $111.15 million (down 7.2 percent).
Looking at cumulative figures for the first 17 months of fiscal year 2026, the US led export receipts with $2.64 billion, up from $2.51 billion in the same period last year. Exports to China fell to $982.98 million, down 6.8 percent, while the UK contributed $904.91 million, slightly lower than $934.56 million recorded in the previous year.
Overall, Pakistan’s export performance shows a mixed picture, with traditional markets like the US and UAE showing resilience, while shipments to China and Europe faced notable declines. Analysts suggest that global demand fluctuations and currency factors are influencing these trends, highlighting the need for diversification of export markets.
