Pakistan has gained benefit by sharing borders with China and India as it shipped the US $ 21.9 billion worth of goods in 2017. It shows a drop of -12.9% since 2013 but a gain of 6.5% from 2016 to 2017.
From January to June 2018 the goods exported from Pakistan were valued at $12.4 billion.
The exported goods from Pakistan represent 8.3% of the total Pakistani economic output.
Around 37.2% of Pakistan’s exports were delivered to importers in Asia while 35.5% arrived in Europe. Smaller percentages went to North America at 17.8%, Africa at 6.6% and 1.4 to Latin America.
The following shows Pakistan’s top 10 exports.
- Miscellaneous textiles, worn clothes: US $4 billion. It includes a total of 18.1% of exports.
- Cotton: $3.5 billion. It includes 16%.
- Knit or crochet clothing and accessories: $2.5 billion. It includes 11.5%.
- Clothing, accessories (it does not include knit or crochet): 2.5 billion that amounts for 11.3 %.
- Cereals: $1.8 billion that is 8%.
- Leather and animal gut articles: $632 million. It has amounted for 2.9%.
- Sugar confectionery: $511.9 million that is 2.3%.
- Optical, technical, medical apparatus: $410.6 million which is 1.9% of the exports.
- Fish: $406.9 million that is 1.9 percent of the exports.
- Salt, sulfur, stone, and cement: $385.5 million. It contributes 1.8%.
These contribute to Pakistan’s flourishing economy and have become a reason for the progressing country.