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Pakistan IMPORT AND EXPORT

This document summarizes Pakistan's top imports and exports in 2018 and 2020. It finds that Pakistan imported $61.5B in 2018, led by refined petroleum, crude petroleum, and petroleum gas. Its top import partners were China, UAE, Saudi Arabia, and the US. Pakistan's top exports in 2018 were house linens, rice, and non-knit men's suits, mostly to the US, China, Germany, and Afghanistan. Pakistan's budget deficit in 2019 was 9.1% of GDP, with revenues of 12.7% of GDP and expenses of 21.6% of GDP.

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Muhammad Faraz
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0% found this document useful (0 votes)
145 views

Pakistan IMPORT AND EXPORT

This document summarizes Pakistan's top imports and exports in 2018 and 2020. It finds that Pakistan imported $61.5B in 2018, led by refined petroleum, crude petroleum, and petroleum gas. Its top import partners were China, UAE, Saudi Arabia, and the US. Pakistan's top exports in 2018 were house linens, rice, and non-knit men's suits, mostly to the US, China, Germany, and Afghanistan. Pakistan's budget deficit in 2019 was 9.1% of GDP, with revenues of 12.7% of GDP and expenses of 21.6% of GDP.

Uploaded by

Muhammad Faraz
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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You are on page 1/ 8

TOP IMPORT AND EXPORT

OF PAKISTAN WITH REVENUE


AND EXPENSES 2020
- -
-
<………….>
NAME FRAZ ALI
ROLL NO: 19210
BBA SEMESTER 2
SUBJECT : ECONOMICS
SUBMITTED TO : SIR, ASIF
GOVT M.A.O COLLEGE
LAHORE
Pakistan’s top import and exports
In 2018 Pakistan imported $61.5B, making it the number 49 trade destination in the world.
During the last five reported years the imports of Pakistan changed by $16.3B from $45.2B in
2013 to $61.5B in 2018.
The most recent imports of Pakistan are led by Refined Petroleum ($5.76B), Crude
Petroleum ($4.16B), Petroleum Gas ($3.28B), Palm Oil ($1.98B), and Scrap Iron ($1.41B).
The most common import partners for Pakistan are China ($16.3B), United Arab
Emirates ($7.6B), Saudi Arabia ($3B), United States ($2.75B), and Indonesia ($2.47B).
Top Pakistan imports
1. Mineral fuels including OIL
2. Machinery
3. Electronic equipment
4. Iron and steel
5. Organic chemicals and more
Pakistan’s imports destinations

1. China
2. Saudi
3. UAE
4. US
5. Indonesia
6. Japan , Qatar , Kuwait ……….

Growth and trade value chart of Pakistan’s import


1

TOP IMPORT (2018):Refined Petroleum,$5.76B


Page
TOP ORIGIN (2018):China,$16.3B

Total percentage of import of Pakistan from countries


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Top exports of Pakistan

1. House Linens ($3.5B),
2.  Rice ($1.98B),
3.  Non-Knit Men's Suits ($1.62B),
4.  Non-Retail Pure Cotton Yarn ($1.25B), and Heavy Pure Woven Cotton ($989M).
5. The top imports of Pakistan are Refined Petroleum ($5.76B), Crude
Petroleum ($4.16B), Petroleum Gas ($3.28B), Palm Oil ($1.98B), and Scrap
Iron ($1.41B).

Destinations: Pakistan exports mostly to 


1. United States ($3.52B), 
2. China ($1.95B), 
3. Germany ($1.78B), 
4. Afghanistan ($1.67B),
5.  United Kingdom ($1.62B),

Virtual representation of Pakistan’s export growth trade value:-

TOP EXPORT (2018):House Linens,$3.5B

TOP DESTINATION (2018):United States,$3.52B

Total export percentage across top destinations


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Current situation:-

Exports in Pakistan increased to 263846 PKR Million in June from 223536 PKR Million in
May of 2020.
4
Page
FINANCES/ REVENUES & EXPENSES

Public debt  68.8% of GDP ( Dec 2019)

Budget balance  −9.1% of GDP (FY 2019)

Revenues  12.7% of GDP, Pkr 4900.7 Billion or


$36.0 billion (FY 2019)

Expenses  21.6% of GDP, Pkr 8238.3 Billion or


$52.2 billion (FY 2019)

Economic aid  $2.28 billion (2017)

Credit rating  Standard & Poor's:


 B− (Domestic)
 B− (Foreign)
 B− (T&C Assessment)
 Outlook: Stable
 Moody's:
 B3
 Outlook: Stable
 Fitch
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EXPORTS

Exports  $24.217 billion (FY 2019)[

Export goods  Textiles: $13,553.2 million


 Food: $4,627.8 million
 Petroleum: $675.8 million
 All Other: $1,303.8 million
 Other Exports: $3,812.3
million

Main export partners   United States 16.7%


  China 7.6%
  United Kingdom 7.2%
  United Arab
Emirates 5.7%
  Germany 5.4%
  Afghanistan 4.9%
  Netherlands 3.9%

IMPORTS

Imports  $52.436 billion (FY 2019)

Import goods  Food: $4,749.7 million


 Machinery: $6,766.2 million
 Transport: $2,314.7 million
 Textile: $3,841.4 million
 Agriculture and other chemicals:
$8,390.3 million
 Metal: $3,903.5 million
 Miscellaneous: $1,027.4 million
 All Other: $5,345.4 million
 Other Imports: $3,533.2 million 

Main import   China 19.4%


partners   United Arab Emirates 16.9%
  Singapore 6.3%
  Saudi Arabia 5.7%
  United States 4.0%
  India 3.2%
6

  Japan 2.9%
Page
References:-

1. http://www.worldsrichestcountries.com/top_pakistan_imports.html#:~:text=%20Top
%2010%20Pakistani%20Imports%20from%20the%20US,%2472%20million
%2010%20Plastics%3A%20%2458%20million%20More%20
2. https://oec.world/en/profile/country/pak/#:~:text=Trade%3A%20The%20top
%20exports%20of%20Pakistan%20are%20House,%28%243.28B%29%2C%20Palm
%20Oil%20%28%241.98B%29%2C%20and%20Scrap%20Iron%20%28%241.41B
%29.
3. https://www.pakistangulfeconomist.com/2020/06/29/review-of-pakistans-export-and-
import-during-may-2020/
4. https://tradingeconomics.com/pakistan/exports
5. https://tribune.com.pk/story/2071804/2-pakistans-first-export-import-bank-may-start-
operations-2020

THANK YOU..!!!
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