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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. Russia is a growing market for Pakistani exporters. In 2009/2010 the export target of Pakistan was US$20 billion.
The economy of Pakistan is categorized as a developing economy. It ranks as the 24th-largest based on GDP using purchasing power parity (PPP) and the 46th largest in terms of nominal GDP. With a population of 241.5 million people as of 2023, Pakistan's position at per capita income ranks 161st by GDP (nominal) and 138th by GDP (PPP) according ...
Industry of Pakistan. Pakistan's industrial sector (in FY21) accounts for 28.11% of the GDP. Of this, manufacturing makes up 12.52%, mining constitutes 2.18%, construction makes up 2.05%, and electricity and gas 1.36%. The majority of industry is made up of textile units, with textiles contributing $15.4b to exports, making up 56% of total exports.
By total exports. Exports of goods and services (US$ million) by country [1] Country Exports Year Top export (2021) [2] ... Pakistan: 38,700 2022 Clothing
It is the largest Manufacturing Industry in Pakistan. Export of $3.5 billion (6.5% of total exported cotton in world) in 2017-2018. Pakistan is the eighth largest exporter of textile commodities in Asia. Contribution in economy is equal to approx. 8.5% of total GDP. Textile Sector employs about 45% of the total Labor force in the country.
As of 2022, it has enhanced Pakistan's exports and development capacity and has provided 1/4th of its total electricity. [18] It is also seen as addressing a national security issue for China by economic development of the Xinjiang region, thus reducing militant influence on Muslim separatists of native Uyghurs.
List of countries by length of coastline. 1,030 km. Highest Point. 2/248 (official territory) K2 is the second highest peak in the world. Mountain peaks over 7,200 meters above sea level. 2nd (official territories) List of highest mountains on Earth. Pakistan has 42 mountain peaks which are over 7,200 metres (23,622 ft) above sea level.
Indus River Delta. Agriculture is considered the backbone of Pakistan's economy, which relies heavily on its major crops. [1] Pakistan's principal natural resources are arable land and water. Agriculture accounts for about 18.9% [2] of Pakistan's GDP and employs about 42.3% of the labour force. The most agricultural province is Punjab where ...