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Foreign Trade: Major Imports of Pakistan
Foreign Trade: Major Imports of Pakistan
Foreign Trade: Major Imports of Pakistan
Foreign Trade
Countries
% of
imports
% of
Exports
% Total
Trade
China
19.7
11.1
16.9
European Union
10.4
18.2
13
United Arab
Emirates
12.1
8.5
10.9
Saudi Arabia
12.2
8.5
United states
3.2
13.6
6.7
Kuwait
6.3
0.07
4.4
India
3.7
2.1
3.2
Malaysia
3.9
0.9
2.9
Pakistan over the last few years has developed itself as a potential market for foreign investors
with its liberal investment policy, cheap labour, tax incentives and good return on investments
Minimum share of the local (Pakistani) partner in a joint venture will be 60:40 for the service
sector. However, 100% foreign equity can be owned for first 5 years.
The FBR (Federal Board of Revenue) will not question as to the source of investment;
however, the FBR will only want to know whether the investor has paid requisite Income Tax
on that specific investment. The FBR will not inquire into the source of the funds.
Foreign investors are allowed to invest in industrial project on 100% equity basis without any
permission from the government.
Pakistan is attracting private equity and was the ranked as number 20 in the world based on
the amount of private equity entering the nation
Business regulations are now among the most liberal in the region. This was confirmed by the
World Bank's Ease of Doing Business Index report published in September 2009 ranking
Pakistan (at 85th) well ahead of neighbours like China (at 89th) and India (at 133rd)
2012 ($M)
2013 ($M)
2014 ($M)
2014-15(julDec)
USA
227.7
223.0
212.1
124.9
UK
205.8
632.3
157.0
63.3
UAE
36.6
19.9
(78.1)
103.1
Japan
29.7
30.7
30.1
43.2
Hong Kong
80.3
242.6
228.5
72.1
Switzerland
127.1
149.0
209.8
(8.2)
3.2
(40.1)
(63.7)
Germany
27.2
5.0
(5.7)
(5.0)
Korea(south
)
25.4
5.8
24.4
0.8
Norway
275
(258.4)
(21.6)
0.0
China
126.1
90.6
695.8
147.8
Others
289.7
283.6
255.4
50.8