Skip to content Skip to Search
Skip navigation

Pakistan’s exports to Saudi Arabia jump 50% to $276m

By Pramod Kumar
Khalifa Port in Abu Dhabi. There is confidence that non-oil business will continue to grow, says S&P Wam
Khalifa Port in Abu Dhabi. The emirate reported 2.8% growth in real GDP over the first nine months of 2023 year on year

Exports from Pakistan to the Gulf countries rose 29 percent year on year to $1.26 billion in the five months from July to November 2024.

Saudi Arabia, the UAE and Kuwait were the top export destinations, a report in the Pakistani newspaper Dawn said, quoting data from the State Bank of Pakistan.

Exports to Saudi Arabia increased 50 percent in the period, to $275.65 million. 

Top exports included rice, bovine carcasses and half carcasses, tents, and textile materials.

Exports to the UAE rose 33 percent year on year to $817.98 million. The bulk of the exports were to Dubai, with a year-on-year rise of 17.59 percent to $655.90 million.

Pakistan’s exports to Kuwait increased by 7.4 percent year on year to $51.81 million.

However, exports to Qatar and Bahrain fell 15.84 percent and 6.35 percent year on year, to $96.66 million and $29.04 million, respectively, during the five months of the current fiscal year, the newspaper said.

The Pakistani government’s fiscal year starts from July 1 of the previous calendar year and ends on June 30.

Latest articles

People, Person, Adult

New Expo City plan to drive Dubai’s economic growth

A new master plan has been released for Expo City Dubai, one of the five key urban centres set to double the emirate’s economy by 2033. The new master plan will establish Expo City Dubai as a hub for pioneers, entrepreneurs, investors, innovators, educators and students, the UAE state-run Wam news agency reported, quoting Dubai […]

Mubadala acquires majority stake in Spanish IT company

Abu Dhabu’s Mubadala Capital has agreed to acquire a controlling stake in Babel, a Madrid-based IT and digital transformation services provider. The acquisition, which is subject to regulatory approval, further expands Mubadala’s presence in the business services sector, following its earlier purchase of Dutch safety-critical training company RelyOn Nutec this year. The terms of the […]

Parkin will collaborate with UK-based Skyports on Dubai's vertiports

Parkin signs deal to develop vertiports for Dubai air taxis

Parkin, the Dubai government’s parking management company, has signed an agreement to develop the support network for flying taxis in the emirate. Under the agreement Parkin and Skyports, a UK-based vertiport infrastructure developer, will collaborate on the provision of parking facilities at “vertiport” sites in Dubai, as well as developing new locations across Parkin’s network […]

OpenAI CEO Sam Altman. The company said the funding would allow it to enhance its AI research capabilities

UAE’s MGX part of OpenAI’s $6.6bn fund raising

UAE technology investment company MGX was among the investors in the latest round of funding for OpenAI, the company behind ChatGPT. OpenAI said it raised $6.6 billion from investors in the latest round, the largest ever venture capital deal, valuing the company at $157 billion.  Venture capital company Thrive Capital led the round with a […]