ISLAMABAD: Pakistan’s merchandise exports to North America grew 9.76 per cent to $4.273 billion in the first eight months of the current fiscal year against $3.893bn a year ago, mainly due to a surge in exports to the US.

The United States accounted for 94pc of Pakistan’s total exports to North America, with the remaining share going to other countries, particularly Canada. According to data compiled by the State Bank of Pakistan, the rise in exports to the region is primarily due to a surge in textile and clothing exports to the US.

A decline in exports was noted in the past two years. In FY24, Pakistan’s exports to the region recorded a negative growth of 8.42pc to $5.432bn from $5.93bn over the same period last year. Pakistan’s exports to the US stood at $5.17bn in FY23, down 23.28pc from $6.74bn in the preceding year.

The revival of exports to the region was mainly supported by a surge in demand for textiles and clothing following a slowdown in exports from........

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