2. Introduction
• Pakistan is the 67th largest export economy in the world
and the 106th most complex economy according to the
Economic Complexity Index (ECI).
• In 2014, Pakistan exported $28.3B and imported $47.4B,
resulting in a negative trade balance of $19.1B.
• In 2014 the GDP of Pakistan was $243B and its GDP per
capita was $4.81k.
3. Import & Export Origins Of Pakistan
Export Origins
United States
Germany &
UK
Afghanistan
UAE
China
Import Origins
China
UAE
Saudi Arabia
United States
India
4. • The top export destinations of Pakistan are the United
States ($3.57B), China ($2.77B), Afghanistan ($2.2B),
Germany ($1.7B) and the United Kingdom ($1.69B).
• The top import origins are China ($9.9B), the United
Arab Emirates ($6.6B), Saudi Arabia ($4.08B), Kuwait
($2.82B) and India ($2.16B).
6. Exports
• The top exports of Pakistan are:
• House Linens ($3.23B),
• Rice ($2.24B),
• Non-Retail Pure Cotton Yarn ($2.04B),
• Non-Knit Men's Suits ($1.32B)
• Heavy Pure Woven Cotton ($1.08B)
8. Imports
• Its top imports are:
• Refined Petroleum ($8.19B),
• Crude Petroleum ($5.19B),
• Palm Oil ($1.88B),
• Scrap Iron ($891M)
• Coal Briquettes ($678M).
9. CPEC
Increase the volume of trade between Pakistan and
china
Take full advantage of preferential trade
agreement(PTA) and free trade agreement (FTA)
Increase export to china, recently export to china is
$3.14 billion
High Widen Karakorum way and open new economic
corridor from china to Gwadar
10. Expand trade with Afghanistan and it help both countries to
play their role in post-2014 Afghanistan
Expand trade with Russia by providing trade route till
Gwadar port
Development of infrastructure along Pakistan
Enhance trade among Pakistan, China, Gulf States, Central
Asia and Africa
GDP growth of Pakistan likely to increase enormously
(Presently being 4.1)
Export or Import on equal basis because Pakistan import
more goods than export.
11. What Is Trade Deficit?
The amount by which the cost of a country's imports
exceeds the value of its exports.
12. Causes
• Current account deficit: more money is leaving the
country than flowing into it.
• Domestic companies: when domestic company
manufactures a lot of its products in other countries.
13. Trade Deficit of Pakistan
• PKR 237.4 billion in October of
2016
• 226.9 billion a year ago.
• Exports rose 2.1 percent to PKR
183.7 billion
• while imports went up 3.5
percent to PKR 421 billion.
14. Causes
• High imports of energy.
• Increase in heavy debt servicing and decreased
developmental expenditures is a reason for trade deficit
in Pakistan.
15. How To Develop The Export Sector?
• Stage 1 ‘factor’-driven economies, where countries compete
primarily on the use of unskilled labor and natural resources and
companies compete on the basis of price as they buy and sell
basic products or commodities
• Stage 2 ‘efficiency’-driven economies, where growth is based on
the development of more efficient production processes and
increased product quality.
• Stage 3 ‘innovation’-driven economies, where companies compete
by producing and delivering new and different products and
services by using the most sophisticated processes.