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TRADE IN PAKISTAN

BY ANJUM KHAN
(BITF17M019)
WHAT IS “TRADE”???

Trade is a basic economic concept involving the buying and


selling of goods and services, or the exchange of goods or
services between parties on the base of Terms like Export and
Import.
WHAT IS EXPORT?

An Export in international trade is a good or service produced in


one country that is bought by someone in another country. The
seller of such goods and services is an exporter; the foreign
buyer is an importer.
WHAT IS IMPORT?

• An Import is a good brought into a jurisdiction(power),


especially across a national border, from an external source.
The party bringing in the good is called an importer.
• An import in the receiving country is an export from the
sending country.
IMPORT VS EXPORT

Import Export
• Comes IN to the country(we brought it). • Goes OUT to another country(we sold it).

• When another country has an advantage • When we have the advantage

• Example: Pakistan imports Plastic • Example : Pakistan exports Rice.


instruments.
PRIMARY EXPORT COMMODITIES
Primary export commodities include
• Rice
• Raw cotton
• Fruits and Vegetables
• textiles,
• leather goods,
• sports goods,
• chemicals,
• carpets/rugs,
• Medical instruments
• Mineral fuels
PRIMARY IMPORTS COMMODITIES
Primary import commodities include
• Machinery and Petroleum.
• Chemicals.
• Vehicles and spare parts.
• Edible Oil and Wheat.
• Tea and Fertilizers.
• Plastic material and Paper Board
• Iron ore and steel.
• Pharmaceutical products.
TARDE OF PAKISTAN

Pakistan is a member of several international organizations such


as ECO (Economic Cooperation Organization),
SAFTA(South Asian Free Trade Area) ,
WIPO(World Intellectual Property Organization) and
WTO (World Trade Organization).
TARDE OF PAKISTAN

Pakistan’s international trade is suffering from huge amount


of deficit due
• to low demand for its exports.
• Domestic political instability.
• The trade deficit stood at US $3.946 billion in 2010.
FY18 ---19 FY17 ---18
FY2017
OVERALL EXPORTS AND IMPORTS

Export Import
Export (in US$ mil) 21,878 Import (in US$ mil) 57,440

No. of products 2,792 No. of products 4,162

No. of partners 194 No. of partners 209


FY17,18,19 EXPORT AND IMPORT RATE
List FY 2017 FY 2018 FY 2019 Jul-Mar
USD to PKR 104.6971 109.8444 132.3305
EXCHANGE RATES

Exports of Pakistan 22.003 24.824 18.008


(billion US dollars)

Exports growth rate 0.1% 12.8%

Imports of Pakistan 48.683 56.002 39.314


(billion US dollars)

Imports growth rates 18.0% 15.0%


EXPORT GOODS FY17-18:
Salt, cement
Optical, medical apparatus 3%
3%
Fish
Sugar 3%
4% Cotton
Leather 28%
5%

Cereals
14%

accessories
20%
Clothing
20%

Cotton Knit or accessories Clothing Cereals Leather Sugar Optical, medical apparatus Fish Salt, cement
IMPORT GOODS FY17-18 :
Oil seed, 2.40%, 3% Vegetable, 1.70%, 2%
Plastics, 4%, 6%

Animal and Vegetable oil, 4.10%,


6%
Oil, 23.90%, 33%

Organic Chenical, 5%, 7%

Vehicles, 4.60%, 6%

Iron, Steel, 6%, 8%

Machinery including computer,


11.90%, 17%
Electrical machinery, 8.30%, 12%

Oil Machinery including computer Electrical machinery Iron, Steel


Vehicles Organic Chenical Animal and Vegetable oil Plastics
Oil seed Vegetable
FY2019

Exports in Pakistan averaged 45475.05 PKR Million from 1957 until 2019.
TOP TRADING PARTNERS 2017
TOP TRADING PARTNERS 2018
(70.1%) OF PAKISTANI EXPORTS IN 2018 WERE DELIVERED TO THE ABOVE 15 TRADE PARTNERS

Country % of Exports % of Imports


China 7.7 20.6

United States 16 2

Bangladesh 3.3 21.8

Afghanistan 5.7 0.1

Netherlands 4 24

United Arab Emirates 4.2 14.6

Sri Lanka 1.5 32.9


EXPORT AND IMPORT

• Pakistan's imports are showing rising trend at a relatively


faster rate (18.0 percent) due to the increased economic
activity as part of China Pakistan Economic Corridor (CPEC),
particularly in the Energy sector. The construction projects
under CPEC require heavy machinery that has to be imported.
It is also observed that the economy is currently being led
both by investments as well as consumption, resulting in
relatively higher levels of imports.
OVERVIEW OF FY2018 TRADE
In addition to its southern coastline along the Arabian Sea and Gulf of Oman,
Pakistan shares land borders with China in the northeast, India to the east, Iran
to the southwest and Afghanistan to the west.

• Pakistan shipped US$23.7 billion worth of products around the globe in 2018.
• That figure represents just 0.1% of overall global exports estimated at
$17.546 trillion for 2018.
CONCLUSION:

After the above analysis, it can be observed that the ratio


of imported good has reached an alarming ratio as
compared to the exported goods. In order to bring a
balance in between the ratio of imports and exports, our
country must first stop depending upon other countries for
its goods and start developing goods of its own.

Only then, will it be able to reduced the ratio of annual


imports and become one of the Developed countries of the
World.
GENERAL KNOWLEDGES

• Pakistan has a population of over 207 million


(the world's 5th-largest), giving it a
nominal GDP per capita of $1,340 in
2019,[,which ranks 147th in the world and
giving it a PPP GDP per capita of 5,709 in 2018,
which ranks 130th in the world for 2018.
Thank You

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