Foreign Trade: Major Imports of Pakistan

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Foreign Trade

Major Imports of Pakistan


1. Machinery.
2. Petroleum.
3. Chemicals.
4. Vehicles and spare parts.
5. Edible Oil.
6. Tea

Foreign Trade

Major Exports of Pakistan 2014:


Raw cotton
Leather and leather products.
Carpets and rugs, Tents.
Synthetic textiles.
Surgical instruments.
Sports goods.
Readymade garments.
Vegetable, fruit and fish.
Engineering goods.
Chemicals and Pharmaceutical products.

Major Trading Partners


NO

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

Foreign Direct Investment

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.

There is no requirement for a No Objection Certificate from the Provincial 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)

Foreign Direct Investment


Country

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)

Saudi Arabia (79.9)

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

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