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In August 2007, Pakistan started exporting cement to India to fill in the shortage there caused by the building boom. [8] Russia is a growing market for Pakistani exporters. In 2009/2010 the export target of Pakistan was US$20 billion. [9] As of April 2015, Pakistan's exports stand at US$29 billion.
Pakistan manufactures and sells weapons to over 40 countries, including European customers, generating $620 million annually. The country's sophisticated arms imports increased by 119 percent between 2004–2008 and 2009–13, with China providing 54 percent and the USA 27 percent of Pakistan's imports.
Poor governance and low productivity per capita in comparison with other low to middle-income developing countries have contributed to a balance of payment crisis, where the country is unable to earn enough foreign exchange to fund the imports that it consumes. [5] Pakistan's economic crisis is the biggest crisis since its independence. [6] [7]
The Pakistan wheat import scandal refers to a controversy that emerged in 2024, involving the importation of a significant amount of wheat by the caretaker government, despite the country having surplus wheat stocks. This decision allegedly caused a loss of more than 300 billion rupees to the national exchequer.
Pakistan maintains a High Commission in Cape Town, and South Africa maintains a High Commission in Islamabad. [293] [294] South Africa is also home to more than 2,500 Pakistanis. South Sudan: Pakistan and South Sudan maintain an economic, import-export relationship. [295] The countries share a cordial relationship as Muslim-majority countries ...
This is a list of countries by oil imports based on The World Factbook and other sources. [1] Many countries also export oil, ... Pakistan: 168,200: 2015 [5]
Goods imported to Pakistan Goods purchased in bond from one custom station to another Goods brought from a foreign country to any customs station that are trans-shipped or transported without the payment of duty to another customs station.
Trading Corporation of Pakistan was established in 1967 as a premier international trading house fully owned by the Government of Pakistan. [4] [5] From the year 1980-81, the government decided to remove the monopoly of TCP on imports of the country. [6]