The Canadian High Commission in Pakistan stated that Pakistan’s exports to Canada posted an increase of 24 percent in 2021. The High Commission of Canada to Pakistan announced this statement in a tweet.
“Canada-Pakistan trade exceeded CAD$1.25 billion in 2021. Canadian exports to Pakistan, which include edible oilseeds, pulses, and lumber, increased by 6% while Pakistan exports to Canada, including leather goods, apparel, and textiles, increased by 24%”, the commission said in the tweet.
The progression in overall two-sided trade demonstrates Pakistan’s spirited bilateral and political relations with Canada in addition to the strong 24 percent growth of the exports to Canada last year.
As per a report released by the Pakistan Business Council, Canada is Pakistan’s twenty-first biggest export partner, with bilateral trade surpassing USD $1.8 billion in 2021. The major exports from Pakistan to the North American country comprise textile articles, rice, cotton yarn, and jewelry.
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Moreover, among the major imported articles that constituted more than 45.6 percent of the total imports from Canada is rapeseed (locally known as canola), whereas textiles and textile items accounted for over 58.3 percent of the total exports.
Meanwhile, Trade Adviser Abdul Razzaq Dawood said that Pakistan’s exports to UAE, Italy, Spain, Turkey, Germany, and USA have also increased.
He said that Pakistan’s exports to Turkey showed an increase of 157% in one year, exports to UAE by 118%, and Italy by 102%.
Similarly, Pakistan’s exports to the China, Bangladesh, UK, and Poland have also hiked up.
Besides, Consul General of Pakistan in Canada Abdul Hameed pointed out the political, educational, diplomatic, and commercial engagements and exchanges between the two countries which terminated last month during the visit by the deputy foreign minister of both countries to join the 4th round of bilateral meetings between both the states.
