Who are Pakistan main trading partners?

Who are Pakistan main trading partners?

Pakistan top 5 Export and Import partners

Exporter Trade (US$ Mil) Partner share(%)
United Arab Emirates 6,330 12.65
United States 2,611 5.22
Saudi Arabia 2,436 4.87
Indonesia 2,219 4.43

Who were the main trading partners?

List of the largest trading partners of the United States

Rank Country/District Exports
European Union 283,269
1 China 129,894
2 Canada 282,265
3 Mexico 243,314

What are the main exports of Pakistan?

The major exports of Pakistan include textiles, leather and sports goods, chemicals, carpets, and rugs. Meanwhile, Pakistan also exports significant quantities of rice, sugar, cotton, fish, fruits, and vegetables.

Who is the biggest importer of Pakistan?

Top 10 Import Countries

Country Import USD$
China $12,406,397,027
United Arab Emirates $6,330,486,689
United States $2,611,001,633
Saudi Arabia $2,436,313,786

What are the Pakistan Major imports?

MAJOR IMPORTS AND EXPORTS OF PAKISTAN

  • MAJOR EXPORTS 1. Raw cotton, Textile products and Cotton yarn.
  • Rice.
  • Leather and leather products.
  • Carpets and rugs, Tents.
  • Synthetic textiles.
  • Surgical instruments.
  • Sports goods.
  • Readymade garments.

What are trade industries?

Trade industry may refer to: Trade, the exchange of goods. Retail industry. Activity related to providing trade (occupation) Department of Trade and Industry (disambiguation), a division of government.

Who is our largest trading partner?

China, Canada and Mexico are the country’s largest trading partners, accounting for nearly $1.9 trillion worth of imports and exports.

Who are the top 5 trading partners for the US?

The top five purchasers of U.S. goods exports in 2019 were: Canada ($292.6 billion), Mexico ($256.6 billion), China ($106.4 billion), Japan ($74.4 billion), and the United Kingdom ($69.1 billion). U.S. goods exports to the European Union 27 were $267.6 billion.

What are major imports and exports of Pakistan?

Pakistan’s exports continue to be dominated by manpower export in the subcontinent, cotton textiles and apparel. Imports include petroleum and petroleum products, chemicals, fertilizer, capital goods, industrial raw materials, and consumer products.

What are the imports of Pakistan?

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Pakistan Imports By Category Value Year
Mineral fuels, oils, distillation products $10.31B 2020
Electrical, electronic equipment $4.55B 2020
Machinery, nuclear reactors, boilers $4.07B 2020
Iron and steel $3.15B 2020

What are top five major imports and exports of Pakistan?

Top 10

  • Mineral fuels including oil: US$10.3 billion (22.5% of total imports)
  • Electrical machinery, equipment: $4.6 billion (9.9%)
  • Machinery including computers: $4.1 billion (8.9%)
  • Iron, steel: $3.2 billion (6.9%)
  • Animal/vegetable fats, oils, waxes: $2.25 billion (4.9%)
  • Plastics, plastic articles: $2.17 billion (4.7%)

What is the main import of Pakistan?

In 2018, Pakistan imported mostly: machinery (14.5 percent); petroleum products (12.2 percent); chemicals (11.7 percent); petroleum crude (8.7 percent) and transport equipment (5.1 percent).

Is Pakistan’s trade with ASEAN worth $5 billion?

India has a trade worth more than $12 billion with ASEAN countries, while Pakistan’s trade stands at about $2 billion and that too is highly in favour of member states. The trade volume of Pakistan with these states should have been $5 billion at least by now.

How can Pakistan become an attractive partner for ASEAN states?

For Pakistan to become an attractive partner for ASEAN states, it will have to become a more competitive in trade and offer value as a bilateral partner. Pakistan could do so by manufacturing products or offering military expertise that may not be available in the ASEAN market already.

What is the India-Pakistan relationship like between India and ASEAN?

India and Pakistan have fought three major wars and countless smaller skirmishes which continue today, and Islamabad considers India an existential threat. Over the last two decades, Pakistan’s desire to develop a relationship with ASEAN has suffered due to Islamabad’s worsening internal security situation.

What is the relationship like between Malaysia and Pakistan?

In 2008, Malaysia and Pakistan signed a Free Trade Agreement, later turning Malaysia into one of Pakistan’s top five import partners. In 2012, Pakistan and Malaysia signed a Preferential Trade Agreement (PTA) to further enhance trade ties.