Search results
Results from the WOW.Com Content Network
Pakistan produces and exports cements to Asia and the Middle East. In August 2007, Pakistan started exporting cement to India to fill in the shortage there caused by the building boom. [8] Russia is a growing market for Pakistani exporters. In 2009/2010 the export target of Pakistan was US$20 billion. [9]
Different sources of trade data may provide more or less complete data coverage, and more or less detail: reported vs. mirrored: One key distinction in trade data is between the reporting country (the country that provides data) and the partner country (the country listed as an export partner or import partner in the data provided by a reporting country).
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]
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]
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]
In the 2010s Pakistan's high domestic consumption and demand, pegged rupee exchange rate, import-led growth, low inflation and increased government spending on infrastructure projects such as the China-Pakistan Economic Corridor (CPEC) led to a Balance of Payments Crisis, as the country's foreign exchange outflows increased rapidly. [10]
MOSCOW (Reuters) - Russian President Vladimir Putin on Monday accused the West of pushing Russia to its "red lines" - situations it has publicly made clear it will not tolerate - and said Moscow ...
A product that is transferred or sold from a party in one country to a party in another country is an export from the originating country, and an import to the country receiving that product. Imports and exports are accounted for in a country's current account in the balance of payments. [3]