ISLAMABAD: Pakistan’s annual trade surplus with the United States has exceeded 4 billion dollars, with bilateral trade between the two countries recording a 16 percent increase, according to official documents.
The data shows that during the last fiscal year, the total volume of Pakistan-US trade reached 7.598 billion dollars. Pakistan’s exports to the US stood at 5.83 billion dollars, marking a 10 percent rise compared to the previous year.
Key export items included bedwear, table, toilet, and kitchen products worth 1.038 billion dollars; men’s suits, jackets, and trousers valued at 936 million dollars; ready-made garments and dress patterns worth 386 million dollars; T-shirts worth 361 million dollars; jerseys and pullovers valued at 312 million dollars; socks worth 278 million dollars; leather goods worth 165 million dollars; and women’s apparel worth 157 million dollars.
On the import side, Pakistan purchased goods from the US worth 1.763 billion dollars during the fiscal year, a 40 percent increase from the previous year. The top imported item was cotton, worth 393 million dollars, followed by iron and steel scrap worth 160 million dollars, soybeans worth 137 million dollars, and coal worth 56 million dollars.
Other significant imports included turbojets and gas turbines worth 50 million dollars, computer machines worth 40 million dollars, petroleum oil worth 38 million dollars, electro-medical equipment worth 36 million dollars, and dried fruits worth 33 million dollars.
