Advertisement

Pakistan’s trade with Holland grows 107.62% in FY21

  • Web Desk
  • Share

SBP extends Nadra’s verification
Advertisement

ISLAMABAD: Pakistan’s goods and services trade with Holland witnessed a growth of 107.62 per cent during the fiscal year 2020/21, compared with the corresponding period of the last year, the State Bank of Pakistan (SBP) reported.

The overall exports to Holland were recorded at $1.118 billion during July-June 2020/21 against the exports of $982.263 million during July-June 2019/20, showing a growth of 13.82 per cent, it added.

Meanwhile, on a year-on-year basis, the exports to Holland during June 2021 also increased 44.29 per cent, from $74.846 million as against the exports of $108 million.

On a month-on-month basis, the exports to Holland rose 23.74 per cent during June 2021, compared with the exports of $87.273 million in May 2021, the SBP data revealed.

Overall Pakistan’s exports to other countries witnessed a growth of 13.72 per cent during FY 2020/21 from $22.536 billion to $25.629 billion, the SBP data showed.

Advertisement

Similarly, the imports from Holland during the period under review were recorded at $465.645 million against $668.013 million last year, showing a negative growth of 30.29 per cent during FY 2020/21.

Meanwhile, on a year-on-year basis, the imports from Holland during June 2021 also decreased 26.63 per cent to $28.073 million from $38.264 million last year.

On a month-on-month basis, the imports from Holland dipped 4.22 per cent during June 2021, compared with the imports of $29.312 million in May 2021, the SBP data showed.

The overall imports increased 23.23 per cent to $53.784 billion from $43.645 billion, according to the data.

The trade surplus during the period under review was recorded at $652.448 million against $314.250 million during the same period of the last year, showing a growth of 107.62 per cent.

Also Read

SBP amends rules to facilitate cross-border payments

KARACHI: The State Bank of Pakistan (SBP) on Thursday notified revision in...

Advertisement
Read More News On

Catch all the Business News, Breaking News Event and Latest News Updates on The BOL News


Download The BOL News App to get the Daily News Update & Live News.


Advertisement
End of Story
BOL Stories of the day
BTC TO PKR – Today’s Bitcoin price in Pakistan on October 15, 2025
BTC TO USD – Today’s Bitcoin price in Dollar on October 15, 2025
Gold rates in Pakistan today
Gold prices surge by Rs5, 800 per tola across Pakistan
Pakistan, IMF reach staff-level agreement under EFF and RSF reviews
Hyundai offers up to Rs7 lac discount on cars across Pakistan
Next Article
Exit mobile version