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Pakistan's exports for the year 2015-2016 stood at US$21 Billion and imports were at US$44.76 billion for the same period. [5] Pakistan's exports increased more than 100% from $7.5 billion in 1999 to stand at $18 billion in the financial year 2007–2008. [6] [7]
Pakistan is a net food exporter, except in occasional years when its harvest is adversely affected by droughts. Pakistan exports rice, cotton, fish, fruits (especially Oranges and Mangoes), and vegetables and imports vegetable oil, wheat, pulses, and consumer foods. [73]
[22] [23] During the PTI period, Pakistan's total debt and liabilities increased by 80% while during three quarters of Fiscal Year 2021-22 the trade deficit rose 70% to $35.4 billion. [24] Due to high oil prices in the international market, Pakistan's oil import bill increased by 95.9% to $17.03 billion in the last ten-months of the PTI ...
The Pakistan wheat import scandal refers to a controversy that emerged in 2024, involving the importation of a significant amount of wheat by the caretaker government, despite the country having surplus wheat stocks. This decision allegedly caused a loss of more than 300 billion rupees to the national exchequer.
In July 2021 Pakistan's IT exports grew by 47.4%, crossing $2 billion for the first time. [84] On September 5, 2021 it was reported that the "two-month trade deficit widened 120% to $7.5 billion after imports saw a new historic peak but exports plunged for the third successive month" despite government export policies. [85]
EXIM Bank of Pakistan or Export Import Bank of Pakistan is a Development Finance Institution owned by the Government of Pakistan to stimulate the growth and diversification of the country's exports and assist in the implementation of import substitution plans. [3] [4] [5] [6]
Pakistan's total exports to Nepal are worth US$1.631 million while Nepal's exports to Pakistan tally US$3.166 million. [384] Both countries have recently [when?] stepped up efforts to promote bilateral trade, especially in textiles, oilseeds, extraction of oil and tourism; Pakistan also offered a US$5 million line of credit to Nepal.
The largest import and export merchandise trade partners for most countries of the world are listed below. Details for the European Union, Hong Kong and Macau are also included. In most cases the data relates to 2021 rankings. Data was extracted from the World Trade Organization's Trade Profile Database. [1] [2]