ISLAMABAD: Exports to European countries grew 9.86 per cent in the first seven months of the current fiscal year from a year ago mainly due to higher shipments to western states.

In absolute terms, Pakistan’s exports to the European Union (EU) reached $5.345 billion in July-January FY25 from $4.865bn last year, according to data compiled by the State Bank of Pakistan.

The export resurgence was due to a slight increase in demand for Pakistani goods in western, eastern and northern Europe. In FY24, Pakistan’s exports to the EU dipped 3.12pc to $8.240bn despite its GSP status, which allows duty-free entry into most European markets.

In October 2023, the European........

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