Major Imports and Exports of Pakistan

Today Pakistan meets most of the requirement the foreign investors are looking
for. Despite the political issues foreign investors are attracted to invest in
Pakistan. Pakistan’s economy will get better in future.. Import and export play a
big role in the country’s economy. It is made easy by the import and export service
providers nowadays .Good things happening in Pakistan.’ China-Pakistan
Economic Corridor CEPC a $46 billion investment program is targeted to develop
the energy sector and other infrastructure projects. CEPC creates many
opportunities for both the countries. The CEPC project also attracts the foreign
investors in Pakistan. CEPC will benefit a lot in import and export of Pakistan.
Many foreign companies are investing in Pakistan. A few days back Nissan Motor
CO Ltd announced to start producing its Datsun brand in Pakistan.

 Major Imports of Pakistan:

Import is considered as a backbone of international trade. If the import is higher
than the export then the balance of trade is considered as negative. The most
important Pakistani imports also include electronics, machines, plastic, and
clothes. Iron and steel products is another major import of Pakistan which is in
high demand.

Top 10 Pakistan Imports from China:

1. Electronic equipment.

2. Plastic.

3. Iron and steel.

4. Iron and steel products.

5. Machines, engines, and pumps.

6. Rubber.

7. Fertilizers.
8. Organic chemicals.

9. Manmade filaments.

10. Manmade staple fibers.

Top 10 Pakistan Imports from Japan:

1.Vehicles.

2. Ships and boats.

3. Electronics.

4. Machines, engines, and pumps.

5. Iron and steel.

6. Iron or steel products.

7. Plastic.

8. Books, newspapers, pictures.

9. Organic chemical.

10. Medical and technical equipment.

Top 10 Pakistan Imports from the US:

1. Cotton.

2. Electronic equipment.

3. Iron and steel.

4. Medical and technical equipment.

5. Other textiles and worn clothing.

6. Vehicles.
7. Machines, engines, and pumps.

8. Books, newspapers, and pictures.

9. Organic chemicals.

10. Other chemical goods.

Top 10 Pakistan Imports from the UK:

1.Iron and steel.

2. Lead.

3. Electronics.

4. Machines, engines, and pumps.

5. Other chemical goods.

6. Organic chemicals.

7. Other textile and worn clothing.

8. Manmade staple fibers.

9. Books, newspapers, and pictures.

10.Medical and technical equipment.

Top 10 Pakistan Imports from India:

1. Cotton.

2. Manmade staple fibers.

3. Food waste and animal fodder.

4. Tanning and dyeing extracts.

5. Organic chemicals.

6. Other chemical goods.

7. Plastics.

8. Vegetables.

9. Oilseed.

10.Coffee, tea, and spices.

Top 10 Pakistan Imports from Indonesia:

1. Oil.

2. Animal/vegetable fats and oils.

3. Manmade staple fibers.

4. Fruits and nuts.

5. Coffee, tea, and spices.

6. Paper.

7. Rubber.

8. Other chemical goods.

9. Vehicles.

10. Wood pulp.

Top 10 Pakistan Imports from Russia:

1. Iron and steel.

2. Fertilizers.

3. Vegetables.

4. Cereals.

5. Paper.

6. Rubber.
7. Copper.

8. Machines, engines, and pumps.

9. Organic chemicals.

10. Salt, sulfur, stone, and cement.

Top 10 Pakistan Imports from Germany:

1. Tanning and dyeing extracts

2. Pharmaceuticals

3. Machines, engines, pumps

4. Electronic equipment

5. Organic chemicals

6. Books, newspapers, and pictures

7. Iron and steel

8. Medical and technical equipment

9. Other chemical goods

10. Oil

Top 10 Pakistan Imports from Australia:

1. Oil.

2. Oilseed.

3. Animal/vegetable fats and oils.

4. Live animals.

5. Vegetables.

6. Fertilizers.
7. Paper.

8. Cotton.

9. Iron and steel.

10. Aluminum.

Top 10 Pakistan Imports from Canada:

1. Vegetables.

2. Paper.

3. Wood.

4. Nickel.

5. Iron and steel.

6. Wood pulp.

7. Electronic equipment.

8. Machines, engines, and pumps.

9. Other textiles and worn clothing.

10. Medical and technical equipment.

Major Export of Pakistan:

Agriculture plays a vital role in the process of economic development of a country.
Pakistan’s agriculture has more than 40% of the labor. Pakistan is one of the
largest agriculture suppliers in the world. Almost half of the trade in agriculture is
in livestock. Pakistan is the fifth largest milk producer country according to the
food and agriculture organization. industries contribute a lot to the development of
the country. Cotton textile and apparel production are the largest industries of
Pakistan. Textile is a very vast field and Pakistan is really good at it. Pakistan
produces garments, sportswear, leather items, etc. Textile and apparel
manufacturing add in most of the export earnings of Pakistan. Many other
industries like cement, steel, sugar mill, fertilizer, poultry play its role in the
economy.

Top 10 Pakistan Exports to China:

1. Cotton.
2. Fish.
3. Cereals.
4. 4.Salt, sulfur, stone, and cement
5. Rawhides
6. Ores, slag, ash
7. Copper
8. Plastics
9. Food waste and animal fodder.
10. Gums and raisins.

Top 10 Pakistan Exports to Germany:

1. Clothing.
2. Knit or crochet clothing.
3. Other textiles and worn clothing.
4. Leather and animal gut articles.
5. Cotton.
6. Fruits and nuts.
7. Medical, technical equipment.
8. Toys and games.
9. Footwear.
10.Rawhides.

Top 10 Pakistan Exports to the US:

1. Cotton.
2. Clothing.
3. Knit or crochet clothing.
 4. Other textiles, worn clothing.
5. Textile floor coverings.
6. Leather and animal gut articles.
7. Gums, resins.
8. Plastics.
9. Furniture, lighting, signs.
10.Medical and technical equipment.

Top 10 Pakistan Exports to the UK:

1. Other textiles and worn clothing
2. Clothing
3. Knit or crochet clothing
4. Cotton
5. Cereals
6. Fruits and nuts
7. Leather and animal gut articles
8. Medical and technical equipment
9. Toys and games
10.Furniture, lighting, and signs

Top 10 Pakistan Exports to France:

1. Rawhides.
2. Clothing.
3. Other textiles and worn clothing.
4. Leather and animal gut articles.
5. Knit or crochet clothing.
6. Cotton.
7. Footwear.
8. Medical and technical equipment.
9. Textile floor coverings.
10.Cereals.

Top 10 Pakistan Exports to Russia:

 1. Cotton
2. Fruits and nuts
3. Cereals
4. Vegetables
5. Manmade staple fibers
6. Leather and animal gut articles
7. Knit or crochet clothing
8. Other textiles, worn clothing
9. Medical and technical equipment
10.Toys and games

Top 10 Pakistan Exports to Italy:

1. Cotton
2. Other textiles and worn clothing
3. Knit or crochet clothing.
4. Rawhides.
5. Clothing.
6. Footwear.
7. Leather and animal gut articles.
8. Manmade staple fibers.
9. Salt, sulfur, stone, and cement.
10.Plastics.

Top 10 Pakistan Exports to India:

1. Fruits and nuts.
2. Oil.
3. Oilseed.
4. Cotton.
5. Rawhides.
6. Sugar.
7. Copper.
8. Salt, sulfur, stone, and cement.
9. Inorganic chemicals.
 10.Organic chemicals.

Top 10 Pakistan Exports to Spain:

1. Clothing.
2. Cotton.
3. Rawhides.
4. Knit or crochet clothing.
5. Other textiles and worn clothing.
6. Sugar.
7. Cereals.
8. Toys and games.
9. Alcoholic beverages.
10.Leather and animal gut articles.

Top 10 Pakistan Exports to Canada:

1. Cotton.
2. Other textiles and worn clothing.
3. Clothing.
4. Knit or crochet clothing.
5. Leather and animal gut articles.
6. Gums and resins.
7. Cereals.
8. Coffee, tea, and spices.
9. Fruits and nuts.
10.Toys, games.

Top 10 Pakistan Exports to Brazil

1. Cotton.
2. Clothing.
3. Other textiles and worn clothing.
4. Knit or crochet clothing.
5. Leather and animal gut articles.
6. Toys and games.
 7. Medical and technical equipment.
8. Copper.
9. Plastic.
10.Base metal tools and cutlery.

Top 10 Pakistan Exports to Australia:

1. Cotton.
2. Cereals.
3. Sugar.
4. Milling products.
5. Clothing.
6. Other textiles, worn clothing.
7. Leather and animal gut articles.
8. Knit or crochet clothing.
9. Medical and technical equipment.
10.Toys and games.

Top 10 Pakistan Exports to the Netherlands:

1. Knit or crochet clothing.
2. Clothing.
3. Other textiles and worn clothing.
4. Cotton.
5. Leather and animal gut articles.
6. Sugar.
7. Toys and games.
8. Alcoholic beverages.
9. Copper.
10.Salt, sulfur, stone, and cement.

Top 10 Pakistan Exports to South Korea:

1. Fish.
2. Cotton.
3. Rawhides.
 4. Oilseed.
5. Copper.
Alcoholic beverages.

6. Salt, sulfur, stone, and cement.

7. Medical and technical equipment.
8. Toys and games.
9. Knit or crochet clothing.

(Refrence: https://geniusimpex.org/imports-and-exports-of-pakistan/ )

Pakistan Trade Balance

1968 - 2020 | Monthly | USD mn | CEIC Data

Pakistan's Trade Balance recorded a deficit of 2.2 USD BN in Jan 2020,

compared with a deficit of 2.0 USD BN in the previous month. Pakistan's Trade
Balance data is updated monthly, available from Jan 1968 to Jan 2020, with an
averaged value of -208.9 USD MN. The data reached an all-time high of 110.6
USD MN in Jun 1991 and a record low of -3.8 USD BN in Jun 2018. CEIC
extends history for monthly Trade Balance. The Pakistan Bureau of Statistics
provides Trade Balance in USD. Trade Balance prior to January 1996 is sourced
from the International Monetary Fund.

In the latest reports, Pakistan's Total Exports reached 1.8 USD BN in Sep 2019,
an increase of 8.4 % year on year. Total Imports recorded 3.8 USD BN in Sep
2019, an increase of 3.2 % year on year.

COUNTRIES AND THEIR INFLATION RATE

 Developing countries:
Country Last Previous Range

Venezuela 9585.50 Dec/19 14291 344510 : 3.22%

Zimbabwe 473.10 Jan/20 521 521 : -7.5%

South Sudan 69.00 Dec/19 72.7 549 : -13.97%

Sudan 64.28 Jan/20 57.01 182 : -1%

Argentina 51.50 Jan/20 52.9 20263 : -7%

 Developed countries:
Country Last Previous Range

Nige r -2.30 Dec/19 -1.8 15.4 : -4.2%

Burkina Faso -2.60 Dec/19 -3.1 15.1 : -5.4%

Chad -2.80 Sep/19 -2.1 41.72 : -13.06%

Mali -3.30 Dec/19 -4.1 12.8 : -10.16%

Libya -6.00 Sep/19 -6.1 31.6 : -6.1%

(Refrence: https://tradingeconomics.com/country-list/inflation-rate)