Although it has taken some time, Pakistan has unquestionably developed into one of the world’s fastest-developing nations; Pakistan’s credit rating outlook is unquestionably one indication of this. Pakistan has consistently demonstrated its strength as an exporter of numerous goods. In the near future, the nation is predicted to surpass eleven other countries in terms of GDP and is well on its way to being the leader. To help you learn more about Pakistan, we have taken the liberty of listing all of the nation’s top exports. As we go over each of these exports in detail, keep reading.
History of Development of Major Exports of Pakistan
According to a global survey conducted in 2018, Pakistan’s top revenue-generating exports were linens, men’s suits that were either unstitched or stitched and neither crocheted nor knitted, rice, cotton yarn, woven fabrics, embroidered dress patterns, leather goods, a variety of related accessories, and ethyl alcohol.
The Islamic Republic of Pakistan has impressive global exports worth $23.6 billion to its credit, demonstrating a remarkable rise of 8% from 2017 to 2018. This is despite the country sharing borders with economic giants like China and India. In addition, the nation exported commercial services estimated to be worth $4 billion during the same period, for a total value of about $5.3 billion.
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The most important export goods that Pakistan offered in 2018 at the largest dollar value were as follows:
- Worth US$4.1 billion (17.1% of total exports) are textiles and worn apparel.
- Cotton: $14.9% or $3.5 billion
- Clothes and accessories made of knitting or crocheting: $2.9 billion (12%)
- Accessories for clothing: $2.6 billion (10.9%)
- Cereals: 9.9%, $2.4 billion
- Articles made of leather or animal guts: $662.7 million (2.8%)
- Made goods and sugar together: $519 million (2.2%)
- Oil and other mineral fuels: $499.5 million (2.1%)
- Spirits, vinegar, and beverages: $453.1 million (1.9%)
- Cement, stone, sulphur, and salt: $445.4 million (1.9%)
- Poultry and fish: $422 million (1.8%)
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Each of the aforementioned export categories makes a substantial contribution to Pakistan’s overall export environment, which makes up more than three quarters (76.5%). Aside from the top nine categories, mineral fuels have been shown to be the export industry with the greatest rate of growth, increasing by around 93.2% between 2017 and 2018. Céréales ranked second, with a 34.2% rise in cargo bolstered by maize, rice, grain sorghum and barley. The category with the third-largest gain, drinks, spirits, and vinegar, accounted for 18.6% of the total exports.
A List of Pakistan’s Major Exports
Pakistan’s top exports are carpets, rugs, leather goods, sports equipment, and textiles. In the meantime, Pakistan exports a sizable amount of fish, rice, sugar, cotton, fruits, and vegetables. The nation is home to some of Asia’s biggest markets for camels, the second-biggest for apricots and ghee (oil), and the third-biggest for cotton, onions, and milk. Here are a few exports that make Pakistan stand out among other exporters worldwide:
- Rice
- Mangoes
- Oranges
- Cotton
- Surgical Tools
- Leather Goods
- Furniture
- Football
- Seafood
RICE
High-quality basmati rice is produced in Pakistan, which is thought to be one of the best. It is then exported to a number of nations, including Jordan, Oman, the UAE, Kenya, and Thailand. The nation’s economy benefited from the approximately 3 million metric tonnes of rice exported in 2018—a value of US$1.224 billion. Additionally, historically speaking, rice has been the nation’s second-largest export.
MANGOES
Mango exports are Pakistan’s second-biggest industry, despite the fact that the nation is known as the world’s fifth-largest grower of the fruit. There are 110 different varieties of mangoes grown in Pakistan each year. The most popular ones include Chaunsa, Sindhri, Langra, Dasehri, Anwar Ratool, Saroli, Toota Pari, Fajri, Neelum, Almas, Sanwal, and Desi. The main markets for the mangoes grown in Pakistan are Germany, Japan, Hong Kong, China, Iran, and the Middle East.
ORANGES
The greatest fresh oranges, sometimes referred to as Kinnows, are readily available in Pakistan. In 2018, the nation exported 370,000 metric tonnes of oranges, bringing in $222 million. Some of the major markets for Pakistani kinnow imports include Russia, the Philippines, Iran, Sri Lanka, Indonesia, Singapore, Saudi Arabia, Bangladesh, Malaysia, and the United Arab Emirates.
COTTON
33,683 metric tonnes of spun cotton, raw cotton, and cotton fibre were exported in 2017 and 2018, totaling an estimated $55.551 million. In contrast, 332,325 metric tonnes of cotton yarn, valued at $859.716 million, and an additional $8.793 billion worth of textile products, including knitwear, cotton clothing, towels, and bedsheets, were exported in an 8-month period. China, Germany, the US, the UK, France, Russia, Italy, Spain, Canada, Brazil, Australia, and the Netherlands are just a few of the nations to which Pakistan sells cotton worldwide.
SURGICAL INSTRUMENTS
In addition to producing an extensive variety of other precise tools utilizing the best raw materials and according to the highest standards, around 3,600 businesses in Pakistan employ a combined 150,000 people and produce the highest quality surgical and dental instruments. Pakistan supplied surgical tools worth roughly $221.298 million to the United States, the United Kingdom, Germany, Brazil, France, Australia, and Russia in 2018 alone.
GLOBAL MERCHANDISE
Among Pakistan’s top export-generating goods are leather goods like bags, coats, trousers, shoes, and other everyday wear items. Nearly $478.85 million worth of leather goods were sent by Pakistan in 2018, mostly to major importers such as Russia, Italy, Canada, France, the UK, the US, Spain, the Netherlands, Australia, and Brazil.
FURNITURE
Pakistan is one of the few countries in the world that produces high-quality furniture in Punjab, which it exports for $8–12 million a year to the US, UK, Spain, France, Germany, and Italy. China, however, is constructing Pakistani stores in its main cities in an effort to build better and larger furniture commerce.
FOOTBALL
Among other sporting commodities, Pakistan has the distinguished distinction of being the world’s top producer of football. In 2018, Pakistan shipped 37.28 million footballs to other countries for a total value of $153.018 million. Footballs made in Pakistan are frequently utilized in FIFA competitions. Footballs made in Pakistan, called Telstar and Brazuca, were used in the Russia and Brazil FIFA World Cups, respectively. Additionally, the nation is notable for having supplied hand-stitched football for every World Cup held between 1990 and 2010.
SEA FOOD
Pakistan is a major exporter of clean, nutritious prawns to other countries. In 2017 and 2018, the nation sold $264.18 million worth of fish, primarily to China and the European Union, its two main seafood importers.
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