{"id":419185,"date":"2024-07-19T01:26:40","date_gmt":"2024-07-18T20:26:40","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=419185"},"modified":"2024-07-19T01:26:40","modified_gmt":"2024-07-18T20:26:40","slug":"pakistan-registers-2-56-bln-in-exports-to-china-for-fy-2023-24","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/pakistan-registers-2-56-bln-in-exports-to-china-for-fy-2023-24\/","title":{"rendered":"Pakistan registers $2.56 bln in exports to China for FY 2023-24"},"content":{"rendered":"<p> ISLAMABAD<br \/>\nPakistan\u2019s exports to China surged to $150.3 million in June, concluding the fiscal year 2023-24 with a total of $2.56 billion. Gwadar Pro stated quoting the latest report from the Trade Development Authority of Pakistan (TDAP).<br \/>\nIn June alone, Pakistan\u2019s global exports reached $2.529 billion, marking a 7.34% increase from the $2.356 billion recorded in the same month of the previous fiscal year. Overall, Pakistan\u2019s exports for FY 2023-24 totaled $30.65 billion, representing a 10.54% increase from $27.72 billion in the previous year.<br \/>\nDespite this growth, Pakistan faces a significant trade deficit. The country\u2019s imports for FY 2023-24 amounted to $54.73 billion, resulting in a trade deficit of $24.09 billion. Pakistan is strategically targeting the Chinese market to expand its export footprint.<br \/>\nThe Minister of Planning and Development, Professor Ahsan Iqbal, recently emphasized the importance of leveraging China\u2019s vast import market. He directed ministries to focus on areas where China has significant expertise, aiming to enhance Pakistan\u2019s innovation, technology transfer, and capacity building.<br \/>\nAs Pakistan seeks to expand its share in the Chinese import market, collaboration with Chinese experts is expected to play a pivotal role in fostering innovation and sustainable economic growth. The strategic focus on the Chinese market is seen as a critical step towards addressing trade deficit and achieving long-term economic stability.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD Pakistan\u2019s exports to China surged to $150.3 million in June, concluding the fiscal year 2023-24 with a total of $2.56 billion. Gwadar Pro stated quoting the latest report from the Trade Development Authority of Pakistan (TDAP). In June alone, Pakistan\u2019s global exports reached $2.529 billion, marking a 7.34% increase from the $2.356 billion recorded [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-419185","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pakistan registers $2.56 bln in exports to China for FY 2023-24<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/pakistan-registers-2-56-bln-in-exports-to-china-for-fy-2023-24\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pakistan registers $2.56 bln in exports to China for FY 2023-24\" \/>\n<meta property=\"og:description\" content=\"ISLAMABAD Pakistan\u2019s exports to China surged to $150.3 million in June, concluding the fiscal year 2023-24 with a total of $2.56 billion. Gwadar Pro stated quoting the latest report from the Trade Development Authority of Pakistan (TDAP). In June alone, Pakistan\u2019s global exports reached $2.529 billion, marking a 7.34% increase from the $2.356 billion recorded [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/leadpakistan.com.pk\/news\/pakistan-registers-2-56-bln-in-exports-to-china-for-fy-2023-24\/\" \/>\n<meta property=\"og:site_name\" content=\"Daily Lead Pakistan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DailyLeadPak\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-18T20:26:40+00:00\" \/>\n<meta name=\"author\" content=\"Web Desk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:site\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Web Desk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 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Gwadar Pro stated quoting the latest report from the Trade Development Authority of Pakistan (TDAP). In June alone, Pakistan\u2019s global exports reached $2.529 billion, marking a 7.34% increase from the $2.356 billion recorded [&hellip;]","og_url":"https:\/\/leadpakistan.com.pk\/news\/pakistan-registers-2-56-bln-in-exports-to-china-for-fy-2023-24\/","og_site_name":"Daily Lead Pakistan","article_publisher":"https:\/\/www.facebook.com\/DailyLeadPak\/","article_published_time":"2024-07-18T20:26:40+00:00","author":"Web Desk","twitter_card":"summary_large_image","twitter_creator":"@DailyLeadPak","twitter_site":"@DailyLeadPak","twitter_misc":{"Written by":"Web Desk","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/leadpakistan.com.pk\/news\/pakistan-registers-2-56-bln-in-exports-to-china-for-fy-2023-24\/#article","isPartOf":{"@id":"https:\/\/leadpakistan.com.pk\/news\/pakistan-registers-2-56-bln-in-exports-to-china-for-fy-2023-24\/"},"author":{"name":"Web 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