Search results
Results From The WOW.Com Content Network
The trade deficit for the fiscal year 2013/14 is $7.743 billion, exports are $10.367 billion in July–November 2013 and imports are $18.110 billion. Pakistan's exports continue to be dominated by manpower export in the subcontinent, cotton textiles and apparel. Imports include petroleum and petroleum products, chemicals, fertilizer, capital ...
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 $15.4b to exports, making up 56% of total exports.
Exports of goods and services (US$ million) by country [1] Country Exports Year Top export (2021) [2] China: 3,511,248 2023 Broadcasting equipment United States: 3,051,824 2023 Petroleum Germany: 2,104,251 2023 Cars Japan: 1,274,781 2023 Cars India: 957,679 2023 Packaged medications Netherlands: 949,982 2023 Packaged medications United Kingdom
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.
Similarly, China's exports to Pakistan also increased, from US$1.4 billion in 2006 to US$12.1 billion in 2016. Following the implementation of the CPFTA, China became the primary supplier for Pakistan in several goods such as organic chemicals, fertilisers, electronic equipment, staple fibres, and footwear.
The cotton and textile industries play a dominant role in exports; cotton accounts for 55 percent of the country's export earnings, and Pakistan has a 14% share of the world's cloth exports. The European Union (EU) granted Generalized System of Preferences "Plus" status to Pakistan in 2013, which has promoted textile exports to the EU.
The Defence Industry of Pakistan ( Urdu: دفاعی صنعتِ پاکستان ), established in September 1951, mainly falls under the purview of the Ministry of Defence Production (MoDP). It aims to foster collaboration and oversee the diverse range of military production facilities that have emerged since Pakistan's independence.