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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]
Map of countries by exports, 2023. The following article lists different countries and territories by their exports according to data from the World Bank. Included are merchandise exports and service exports. Merchandise exports are goods that are produced in one country and sold to another country. Service exports refer to the cross-border ...
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. [72]
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]
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]
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 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]
Pakistan: 71,105 2022 ... List of U.S. states and territories by exports and imports; Business and economics portal; Notes References. This page ...