The findings are that around 80.39% of total exports from Pakistan were industrial and 19.08% were agricultural products. Pakistans shipments record suggests that it made a total of 1297454 shipments in Pakistans regional exports down 5.35% to Turkey. Exports Pakistan's major export Pakistan Trade Summary 2020 | WITS | Text - World Bank 2. Total Imports (2019) $50,063,059,560. Pakistan exports for 2021 was $34.57B, a 23.75% increase from 2020. What Are 10 Pakistan Main Imports And Exports? - List Networks Pakistan Total Exports recorded 2.4 USD bn in Sep 2022, compared with 2.5 USD bn in the previous month. Among the top trading partners, Qatar increased its import purchases from Pakistan at the fastest rate with via its 175.3% gain from 2020 to 2021. Top 10 Pakistan Exports to the USCottonClothingKnit or crochet clothingOther textiles, worn clothingTextile floor coveringsLeather and animal gut articlesGums, resinsPlasticsFurniture, lighting, signsMedical and technical equipment Pakistan (PAK) Exports, Imports, and Trade Partners | OEC Pakistan: Trade Statistics >> globalEDGE: Your source for Global Pakistan Exports GDP Formula Overview In 2020, Pakistan was the number 43 economy in the world in terms of GDP (current US$), the number 65 in total exports, the number 49 in total imports, the number 168 economy in terms of GDP per capita (current US$) and the number 93 most complex economy according to the Economic Complexity Index (ECI).. Exports The top exports of Pakistan are House Linens Here is the list of Pakistans main export that is the most profitable for the countrys economy. Pakistan Trade | WITS | Text - World Bank crude oil and lease condensate exports: 7,800 The total value of exports (FOB) is US$ 22,237 million. In 2018, Pakistan exported mostly: This page provides - Pakistan Exports - actual values, historical data, Imports and Exports of Pakistan Pakistan 1. Cotton: 2. In fact, the United States government allows Pakistani businesses to export more than 3,500 items to the US without paying any duties on them, including jewelry, most manufactured items, and many The net exports were $423 Pakistan Import Export Data | Pakistan Customs Data 2021-22 Pakistan Exports 1960-2022 | MacroTrends Rice: Pakistan is regarded as the second-largest exporter of In 2020, Pakistan exported a total of $25.5B, making it the number 65 exporter in the world. Pakistan Pakistan Total Exports, 1996 2022 | CEIC Data Total Exports (2019) $23,748,680,252. Popular Indicators - Most Recent Values. Last year the volume of the exports was $7 billion. Major Exports of Pakistan Exports in Pakistan averaged 62465.41 PKR Million from 1957 until 2022, reaching an all time high of 596433 PKR Million in June of 2022 and a record low of 51 PKR Million in April of 1958. Pakistan Exports to United States - data, exports Trade Balance (2019) ($26,314,379,308) Exports of goods and services (% of GDP) (2021) [2] 9.98%. Pakistan Meanwhile, Pakistan also exports significant quantities of rice, Pakistan Imports. Pakistan's Top Exports in 2020: 14.6% ($3.25 billion): 6302 - Bed linen, table linen, toilet linen and kitchen linen. The total value of imports (CIF) is US$ 45,775 million. Pakistan Exports - October 2022 Data - 1957-2021 551833.00. A few years ago, Afghanistan was the second major export destination after the United States. total petroleum production: 100,700 bbl/day (2021 est.) Islamabad: Pakistan's total exports stood at $27.209 billion in 2020-21 compared to $21.476 billion in 2019-20, according to the data compiled by the Federal Board of Revenue (FBR). Pakistan's exports of goods recorded their highest level of $25.6 billion during the fiscal year 202021, higher than the $25.3 billion recorded in 201011. In 2018, Pakistan imported mostly: machinery (14.5 percent); petroleum products (12.2 percent); chemicals (11.7 The total value of imports (CIF) was Apparel (6.46%), Semi-milled rice(3.81%), Clothing and Worn Textile (3.27%), Wholly Milled Rice (2.57%), and Clothing Accessories Knitted (2.44%)were the top 5 exports of Exports Income Approach. Overall Exports and Imports for Pakistan 2020. Pakistans Top Trading Partners Cotton is among the top cash-crop exports of Pakistan. Given Pakistans population of 222.6 million people, its total $73.1 billion in 2021 imports translates to an estimated $330 in yearly product demand from every person in the South Asian country. Pakistans agriculture has more than 40% of the labor. PKR Million. 9.39% ($2.08 billion): 6203 - According to the United Nations COMTRADE database on international trade: Pakistan Exports of cotton was US$2.64 Billion during 2020. In 2020, Pakistan exports cotton to the following countries: 24% to China. 16.1% to Bangladesh. Exports in Pakistan increased to 551833 PKR Million in September from 548326 PKR Million in August of 2022. source: Pakistan Bureau of Statistics. Economy of Pakistan - Wikipedia This GDP formula takes the total income generated by the goods and services produced. 35,565,880,000 (US dollars) in 2021. Textiles and apparel account for more than half of Pakistan's export earnings; Pakistan's failure to diversify its exports has left the country vulnerable to shifts in world demand. Pakistan Exports Pakistan - Exports of goods and services in current prices. As per our latest Pakistan export Data for 2021, Pakistan exported goods worth $ 23097762856 US Dollars. Pakistan - The World Factbook - Central Intelligence Agency The total value of exports (FoB) was 22,237 million. Pakistan Exports to United States was US$6.08 Billion during 2021, according to the United Nations COMTRADE database on international trade. Pakistan NX = net exports or a countrys total exports less total imports. The findings are that around 80.39% of total exports from Pakistan were industrial and 19.08% were agricultural products though the country is still rated as predominantly an agricultural economy. Pakistan's Exports Increased by total petroleum production: 100,700 bbl/day (2021 est.) GDP = Total National Income + Sales Taxes + Depreciation + Net Foreign Factor Income. Pakistan had a total export of 23,748,680.25 in thousands of US$ and total imports of 50,063,059.56 in thousands of US$ leading to a negative 7.1% to the USA. Denmark: $234.7 million (0.8%) South Africa: $223.1 million (0.8%) Well over four-fifths (83.7%) of Pakistani exports in 2021 were delivered to the above major trade partners. 548326.00. Pakistans largest export partner is. (A) China. (B) Saudi Arabia. (C) United Kingdom. (D) United States. The answer is: (D) United States. Pakistans largest exports goes to the United States. NOTE: If European Union (the group of 27 states) is given then largest export partner is European Union. Post navigation. Pakistans GDP growth has gradually increased since 2012, and was 5.3% in 2017. In 2021, exports for Pakistan was 35,565 million US dollars. Pakistan Exports to United States - TRADING ECONOMICS Pakistan exports Pakistan Total Exports data is updated monthly, available from Jan 1996 Exports in Pakistan increased to 551833 PKR Million in September from 548326 PKR Million in August of 2022. The major exports of Pakistan include textiles, leather and sports goods, chemicals, carpets, and rugs. Exports and imports of Pakistan in 2020 are below, along with number of countries and products. refined petroleum consumption: 493,400 bbl/day (2019 est.) Total National Income the sum of all wages, rent, interest, and profits. Pakistan is a developing country, with a semi-industrial economy. Primary export commodities include textiles, leather goods, sports goods, chemicals and carpets/rugs. The growth poles of Pakistan's economy are situated along the Indus River; the diversified economies of Karachi and major urban centers in the Punjab, coexisting with lesser developed areas in other parts of the country. What are the main exports of Pakistan? Heimduo Exports of Pakistan increased from 12,158 million US dollars in 2002 to 35,565 million US dollars in 2021 growing at an average annual rate of 6.47%. That average amount exceeds the $220 per capita for 2020. Agriculture plays a vital role in the process of economic development of a country. Top Destination (2020) United States $14.7B. Imports Sep 2022. Pakistans IT exports increased by 39% in four months During the last five reported years the exports of July 31, 2022. washington DC - Ambassador Masood Khan said that there has been marked year-on-year rise in Pakistani exports to the United States with a total volume of $9 billion and an annual growth rate of 35%. Pakistan | Imports and Exports | World | ALL COMMODITIES Major Exports of Pakistan . Pakistan Imports - October 2022 Data - 1957-2021 Historical The textile exports contributed around 61 per cent to the total exports of $31.8 billion during the fiscal year 2021/2022. For the July-October 2021 period, Pakistans total exports grew 25% to $9.468 billion as compared to $7.576 billion during July-October 2020. Pakistans total exports remained at $27.209 billion in 2020-21 as compared to $21.476 billion in 2019-20, according to the Federal Board of Revenue. Pakistans Top 10 Imports Pakistans exports to Afghanistan fell 5.57pc to $746.328m in 9MFY21 from $790.377m in 9MFY20. Pakistan is one of the largest agriculture suppliers in the world. Exports. Pakistan was the United States 55th largest goods export market in 2018. Pakistan U.S. goods exports to Pakistan in 2018 were$2.8 billion,up 1.4% ($41 million) from 2017 and up 50.1% from 2008. Almost half of the trade in agriculture is in livestock. Pakistan's Top 10 Imports Pakistan Trade Statistics | WITS - World Bank At the HS6 digit level, 2,814 Pakistan Export Data | Pakistan Export Database | Major FY21 exports stand at $27.209bn Textile sector plays a significant role in supporting the economy of Pakistan and continue to be in the spotlight owing to countrys dependence on foreign exchange. 9.44% ($2.1 billion): 1006 - Rice.
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