FAQ: What Was The Top Import Of Pakistan In 2016?

What are the major imports of Pakistan?

Top 10

  • Machinery including computers: US$5 billion (13.3% of total imports)
  • Electrical machinery, equipment: $4.6 billion (12%)
  • Iron, steel: $2.3 billion (6.1%)
  • Mineral fuels including oil: $2.2 billion (5.9%)
  • Organic chemicals: $2 billion (5.2%)
  • Plastics, plastic articles: $1.8 billion (4.7%)
  • Cotton: $1.7 billion (4.4%)

What are the top 5 imports?

What Are the Major U.S. Imports?

  • Minerals, fuels, and oil – $241.4 billion.
  • Pharmaceuticals – $116.3 billion.
  • Medical equipment and supplies – $93.4 billion.
  • Furniture, Lighting, and Signs – $72.1 billion.
  • Plastics – $61.9 billion.
  • Gems and precious metals – $60.8 billion.
  • Organic chemicals – $54.6 billion.

What is the total import of Pakistan?

Overall Exports and Imports for Pakistan 2018 The total value of imports (CIF) is US$ 60,163 million. At the HS6 digit level, 2,757 products are exported to 202 countries and 4,096 products are imported from 212 countries.

What does Pakistan import and export?

Pakistan’s exports continue to be dominated by men power export in the subcontinent,cotton textiles and apparel. Imports include petroleum and petroleum products, chemicals, fertilizer, capital goods, industrial raw materials, and consumer products.

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What is the biggest export of Pakistan?

The major exports of Pakistan include textiles, leather and sports goods, chemicals, carpets, and rugs. Meanwhile, Pakistan also exports significant quantities of rice, sugar, cotton, fish, fruits, and vegetables.

Why does Pakistan import oil?

Pakistan mainly depends upon oil and gas resources to fulfil energy requirements. Indigenous resources of Oil are not enough to quench energy thirst of the growing economy. As a result Pakistan has to import large quantity of oil and oil based products from Middle East countries.

What is China’s #1 import?

Searchable List of China’s Most Valuable Import Products

Rank China’s Import Product 2018 Value (US$)
1 Integrated circuits/microassemblies $312.7 billion
2 Crude oil $239.2 billion
3 Iron ores, concentrates $75 billion
4 Petroleum gases $50 billion

What food does the US import?

United States agriculture imports total $127.6 billion with coffee and cocoa, fresh and processed vegetables, and grains and feeds accounting for the majority.

What is US biggest export?

Services are the biggest US export, with total foreign sales of $778 billion last year. These are the service industries that bring in the most money: Travel and transportation: $236 billion.

What does Pakistan export to USA?

Pakistan exports to United States Value Year
Cotton $156.28M 2019
Articles of leather, animal gut, harness, travel good $130.19M 2019
Optical, photo, technical, medical apparatus $127.45M 2019
Plastics $80.47M 2019

Who is Pakistan’s largest trading partner?

China is by far the largest supplier of goods and services in Pakistan, followed by United Arab Emirates, Saudi Arabia, the United States and Indonesia.

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Why imports are increasing in Pakistan?

Economic stagnation and recession leads to inefficient production process and thus lesser exports resulting an increase in imports. Pakistan is facing shortage of foreign direct investment due to which new industries can’t be flourished and established.

Which crop is major export of Pakistan?

Pakistan exports rice, cotton, fish, fruits (especially Oranges and Mangoes), and vegetables and imports vegetable oil, wheat, pulses and consumer foods. The country is Asia’s largest camel market, second-largest apricot and ghee market and third-largest cotton, onion and milk market.

Does Pakistan import crude oil?

The country’s oil imports were recorded at $3.15 billion in July to October period of 2020-21 as compared to $4.18 billion in corresponding period of the last year, showing decline of 24.56 percent, according to the latest data of Pakistan Bureau of Statistics (PBS).

What does Pakistan export to Japan?

Pakistan’s top exports to Japan are classified in the categories of textiles; ‘Cotton’ (HS-52) and ‘Apparel and Home Textiles’ (HS 61-63); fish and crustaceans (HS-03); articles of iron and steel (HS-73); articles of leather (HS-42); oil seeds and oleaginous fruits (HS-12); surgical instruments (HS-90) and copper

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