The main imports of Pakistan are petroleum products (refined petroleum, petroleum gas, and crude oil), Edible oil, Electrical and electronic items, Machinery, Iron, Steel, Pharmaceutical, Organic Chemicals, Vehicles and Defence related products.
After palm oil and wheat, legumes are Pakistan's biggest food import. The country is the third-largest importer of legumes in the world. Despite being moderately diversified, the origins of almost half of Pakistan's legume imports are geopolitically or economically fragile nations.
The pace of imports by Pakistan has surged on back of gradually reviving aggregate demand for goods for local consumption and exports. The country has continued to import food, energy, machinery, steel, cotton and cars to control inflation and help the economy grow.
These are the TOP Imports of Pakistan | Are we really doing this?
What is the largest item of Pakistan's exports?
The country's top export product is textile including bed linens, table linens, bathroom & kitchen linen of all types of textile materials. This product category is classified under HS Code 63 which also includes other made up textile articles, worn clothing and worn textile articles.
Pakistan's low export values are due to low-quality products and lack of innovation in exported products which leads to the lack of value addition. The literature (e.g.; Zia, 2022; World Bank, 2021; Government of Pakistan, 2021-22; Lovo & Varela, 2020; Defever et al.
Top trading partners (import of "Dates, figs, pineapples, avocados, guavas, mangoes and mangosteens, fresh or dried") of Pakistan in 2022: Iran with a share of 73% (9.61 million US$) Iraq with a share of 13.2% (1.72 million US$) Afghanistan with a share of 8.81% (1.15 million US$)
Imports structure of 0406 - Cheese and curd - to Pakistan in 2022 represented by the following main commodity groups: 53% (1.34 million US$): 040630 - Processed cheese, not grated/powdered. 41% (1.03 million US$): 040610 - Fresh (unripened/uncured) cheese, incl.
Pakistan imports most of its Chicken meat from Thailand, Germany and Malaysia . The top 3 importers of Chicken meat are Philippines with 15,450 shipments followed by United States with 14,846 and Iraq at the 3rd spot with 7,775 shipments.
Pakistan imposed the import ban on luxury products and non-essential raw materials last year to avert a balance of payment crisis as foreign exchange reserves held by the bank shrank and are barely enough to cover a month of controlled imports.
In the long-term, the Pakistan Imports is projected to trend around 1350000.00 PKR Million in 2024 and 1360000.00 PKR Million in 2025, according to our econometric models.
Pakistan lifted the restrictions on imports after its current account deficit narrowed to a two-year low at $78 million in February 2023 in the wake of import control measures. However, the risk of default on foreign debt repayment continued to remain.
Baggage Scheme: A person residing abroad for a minimum period of 180 days in immediately preceding 7 months can import a vehicle into Pakistan under this scheme. Duty and taxes are fixed in US $ for Asian make vehicles in terms of engine capacity, which may be confirmed before availing any of the above schemes.
Yes you can ship perfume to Pakistan but there are quite a few things you need to consider: Perfume is hazardous cargo so special documents and rules apply. You need to work out a full cost model before you will be able to decide if this is a profitable business or not.
Mango, kino, apple, dates, pine nuts, oranges, and guava are a few of the majorly exported fruits, and potato, onion, mushroom, garlic, chili, etc., are among the vegetables exported globally. Pakistan is heavily relying on one market for specific items.
The most important crops are wheat, sugarcane, cotton, and rice, which together account nearly more than 75% of the value of total crop output. Pakistan's largest food crop is wheat.
