Pakistan & Gulf Economist

Pakistan & The GCC Trade Relations (Facts & Figures)

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Workers’ Remittances From GCC-Countries & Others In Pakistan (Provisional)
(Million US $)
Country July – October
October
2019
September
2019
October
2018
Amount YoY growth (percent)
FY20 FY19 FY18 FY20 FY19
Cash 2,000.80 1,747.95 2,060.28 7,478.90 7,617.89 6,521.81 -1.82 16.81
1 USA 322.38 281.91 325.19 1,234.07 1,187.95 880.8 3.88 34.87
2 U.K. 328.69 264.89 322.29 1,143.05 1,132.45 945.06 0.94 19.83
3 Saudi Arabia 468.18 420.88 494.53 1,737.60 1,757.71 1,689.23 -1.14 4.05
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UAE 398.96 363.34 419.41 1,538.14 1,646.90 1,414.28 -6.6 16.45
Dubai 269.67 242.79 281.2 1,020.51 1,119.34 1,061.44 -8.83 5.46
Abu Dhabi 126.2 118.15 134.05 504.78 511.44 330.59 -1.3 54.71
Sharjah 1.08 0.28 3.77 4.39 14.41 20.3 -69.52 -29.04
Other 2.01 2.12 0.39 8.45 1.71 1.95 393.78 -12.23
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Other GCC Countries 191.77 162.77 200.87 711.2 727.83 748.03 -2.29 -2.7
Bahrain 26.14 23.46 31.91 105.66 110.62 134.32 -4.49 -17.64
Kuwait 59.88 51.97 70.67 225.27 264.11 259.93 -14.71 1.61
Qatar 44.61 31.23 34.92 142.08 132.58 126.49 7.16 4.82
Oman 61.14 56.12 63.37 238.19 220.51 227.29 8.02 -2.98
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EU Countries 60.94 53.2 57.42 230.59 223.2 212.87 3.31 4.85
Germany 12.31 10.34 10.49 44.41 44.29 40.81 0.26 8.53
France 6.31 5.9 5.07 24.73 20.22 17.57 22.29 15.1
Netherland 0.54 0.48 0.6 2.12 2.22 1.89 -4.49 17.45
Spain 15.75 13.32 19.01 58.24 58.9 40.61 -1.13 45.05
Italy 12.79 11.66 9.19 50.1 39.26 34.27 27.63 14.55
Greece 5.99 5.71 4.01 24.31 16.29 9.77 49.25 66.71
Sweden 1.6 1.18 1.5 5.58 5.97 6.68 -6.49 -10.7
Denmark 1.27 1.08 1.46 4.77 5.25 4.46 -9.11 17.76
Ireland 0.93 1.22 4.33 6.39 24.07 51.9 -73.46 -53.62
Belgium 3.45 2.32 1.76 9.95 6.73 4.91 47.71 37.14
7 Malaysia 137.41 121.58 142.49 542.51 537.7 320.95 0.9 67.54
8 Norway 2.86 2.27 4.09 12.03 15.5 16.12 -22.35 -3.87
9 Switzerland 1.44 1.22 2.45 5.51 11.15 9.56 -50.58 16.68
10 Australia 19.34 15.05 25.42 69.04 83.35 77.7 -17.17 7.27
11 Canada 15.93 13.5 19.76 58.53 72.35 66.94 -19.1 8.08
12 Japan 2.36 1.78 1.8 8.58 6.25 5.36 37.39 16.54
13 Other Countries 50.55 45.55 44.56 188.05 215.55 134.91 -12.76 59.77
II. Encashment and Profit in Pak.Rs. of Foreign Exchange Bearer Certificates (FEBCs) & Foreign Currency Bearer Certificates (FCBCs)  0  0  0  0  0  0    
TOTAL 2,000.80 1,747.95 2,060.28 7,478.90 7,617.89 6,521.81 -1.82 16.81

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