Pakistan Import Data

Pakistan Import Data

Pakistan is a developing country with a growing economy that heavily relies on imports to meet its domestic demands. In the year 2022, Pakistan’s import rank is expected to improve due to various factors such as the implementation of economic reforms, increased foreign investments, and favorable trade policies.

Pakistan's import rank in 2021 was 68th in the world. However, it is predicted that by 2022, Pakistan will jump up to at least the top 50 countries for imports. This significant improvement can be attributed to several factors such as an increase in demand for goods and services due to population growth, rising consumer purchasing power, and the government's efforts towards diversifying its imports.

Pakistan's current estimated population stands at around 225 million people and is expected to reach approximately 235 million by the year 2022. The country has seen steady population growth over the years due to high birth rates and improving healthcare facilities leading to longer life expectancy. In terms of GDP (Gross Domestic Product), which measures the total value of goods and services produced within a country's borders during a specific period, Pakistan is expected to see an increase of approximately $14 billion by 2022. This puts its GDP at around $305 billion for that year.

Pakistan's top importing product will be petroleum and its related products. Other major import items include machinery, electrical equipment, chemicals, iron, steel, and food products such as edible oils and wheat.

Pakistan's dependency on imports for essential goods and raw materials highlights the need for diversification in its economy. The government has been taking steps to encourage local production in various industries to reduce reliance on imports and achieve self-sufficiency.

China remains Pakistan's top trading partner with a significant share in both exports and imports. In addition to China, other major import partners include United States, United Arab Emirates (UAE), Saudi Arabia, Japan, Germany, Malaysia, Kuwait, South Korea, and Qatar.

Pakistan is working towards expanding its trade relations with other countries through free trade agreements (FTAs) and bilateral investment treaties (BITs).

Pakistan Import Customs Trade Data Shows Top 10 Importing Products In 2022 – Analysis By Chapter

  • 35% (24 billion US dollar) HS CODE: 27 - Bituminous substances; mineral waxes; mineral fuels, mineral oils, and products of their distillation
  • 6.07% (4.26 billion USdollar) HS CODE: 84 - Parts of nuclear reactors, boilers, machinery, and mechanical appliances
  • 6.04% (4.24 billion USdollar) HS CODE: 15 - Animal, vegetable, or microbial fats and oils, and their cleavage products; prepared edible fats; waxes from animals or plants
  • 5.61% (3.94 billion USdollar) HS CODE: 72 - Iron and steel
  • 5.44% (3.82 billion USdollar) HS CODE: 85 - Parts and accessories of electrical machinery and equipment; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories thereof
  • 4.67% (3.28 billion USdollar) HS CODE: 29 - Organic chemicals
  • 4.24% (2.97 billion USdollar) HS CODE: 39 –Products make of plastics
  • 3.74% (2.62 billion USdollar) HS CODE: 87 - Including parts and accessories for vehicles other than railway or tramway rolling stock
  • 2.92% (2.04 billion USdollar) HS CODE: 52 - Cotton
  • 1.81% (1.27 billion USdollar) HS CODE: 12 - Miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw

Pakistan Import Global Trade Data Shows Top 10
Trading Partners
of Pakistan

  • With a share of 22% (16.1 billion US dollars), China dominates
  • With a share of 11.1% (7.84 billion US dollars), the United Arab Emirates dominates
  • With a share of 7.24% (5.08 billion US dollars), Saudi Arabia dominates
  • With a share of 6.96% (4.89 billion US dollars), Indonesia dominates
  • With a share of 5.82% (4.08 billion US dollars), Qatar dominates
  • With a share of 4.38% (3.07 billion US dollars), the USA dominates
  • With a share of 4.33% (3.04 billion US dollars), Kuwait dominates
  • With a share of 2.37% (1.66 billion US dollars), Japan dominates
  • With a share of 2.04% (1.43 billion US dollars), Thailand dominates
  • With a share of 2.02% (1.42 billion), Brazil dominates

Pakistan Import Data Sample

HOW YOU CAN GROW YOUR BUSINESS WORLDWIDE BY USING PAKISTAN IMPORT DATA PROVIDED BY IMPORT GLOBALS

Pakistan Import Data provided by Import Globals is collected from custom shipping bill documents. This data contains detailed information about importers, exporters, HS codes, product descriptions, destination countries, and ports involved in the import process. It is a comprehensive and reliable source of information for businesses looking to enter or expand their presence in the Pakistani market.

The data is obtained from custom shipping bills which are legal documents required for all imports into Pakistan. These bills contain crucial details such as the name and address of the importer and exporter, description of goods being imported, value of goods, country of origin, port of origin and arrival date at the Pakistan port. The customs department collects this data for every shipment that enters Pakistan through its various ports including Karachi Port Trust (KPT), Port Qasim Authority (PQA), Lahore Dry Port Trust (LDPT) and Gwadar Port.

One of the key benefits of using Pakistan Import Data provided by Import Globals is that it gives a clear understanding of who is importing what from where. This helps businesses identify potential suppliers from different countries based on their specific product requirements. With this data at hand, companies can make more informed decisions when it comes to sourcing products from overseas markets.

Pakistan Customs data also includes HS codes which are used to classify goods traded internationally. HS codes are assigned to each product category and provide a standardized system for identifying products during international trade. By having access to HS codes in Pakistan Import Data provided by Import Globals, businesses can accurately track their competitors' import activities and analyze market trends.

Pakistan Import shipment data also provides information on destination countries and ports involved in the import process. This enables businesses to identify emerging markets where there may be a high demand for their products or potential new trade partners.

Using Pakistan Import Data provided by Import Globals can greatly benefit businesses planning to enter or expand into the Pakistani market. It offers valuable insights into import activities, market trends, and potential trade partners. With this data, companies can develop effective strategies to maximize their market share and achieve success in the competitive Pakistani market.

Import Globals is a leading provider of international trade data, including Pakistan import customs data. With their extensive database and advanced analytics tools, they offer valuable insights into the country's import market that can help foreign investors make the right decisions.

One of the key benefits of using Pakistan import data provided by Import Globals is gaining deep knowledge about products. By accessing this detailed information, investors can understand which products are in high demand in the Pakistani market and identify potential opportunities for business expansion or diversification.

The data covers all major product categories imported into Pakistan, such as machinery, chemicals, textiles, electronics, and more. It also includes crucial details like product descriptions, quantities imported in different periods (monthly/quarterly/annually), value of imports, source countries, and ports of entry.

Moreover, Import Globals' Pakistan import customs data allows users to track specific companies or suppliers that are dominating a particular product category or have significant market share. This level of granularity enables investors to evaluate competition levels accurately and plan their strategies accordingly.

Another advantage of using this data is understanding consumer preferences and trends in the Pakistani market. By analyzing the types of products being imported into the country over time, investors can gauge changing consumer behavior and adapt their offerings accordingly. For instance, if there is a growing trend towards eco-friendly products in Pakistan's import market; an investor can capitalize on this by introducing sustainable options in their portfolio.

Furthermore, Import Globals' advanced analytics tools allow users to filter and sort through large amounts of data easily. This feature makes it easier for foreign investors to spot emerging trends quickly and identify potential areas for growth or investment opportunities.

Pakistan import data provided by Import Globals is a valuable resource for foreign investors looking to enter or expand their presence in the country's market. With detailed and accurate information about products, suppliers, and consumer trends, this data can help investors make well-informed decisions and achieve success in the Pakistani market.

Pakistan has emerged as a major player in the global market, with its import sector witnessing steady growth over the years. This presents lucrative opportunities for foreign investors looking to tap into this market and expand their business. However, entering a new market can be daunting without proper information and understanding of its trade dynamics.

This is where Import Globals comes in – providing detailed Pakistan import data that can prove to be an invaluable tool for foreign investors. By utilizing this data, investors can gain deep insights into the country's import trends, top products imported, and emerging markets to make informed decisions.

One of the key benefits of using Pakistan import data provided by Import Globals is the comprehensive coverage it offers. This data covers all major ports and entry points of the country, ensuring complete visibility into the imports coming through different channels. This not only helps in tracking competitors' activities but also provides a holistic view of the market.

Pakistan Import custom data includes detailed information on each product being imported, including its description, value, quantity, origin country, and importer details. Such granular level information enables investors to identify potential suppliers or partners within Pakistan who can meet their specific product requirements.

In addition to this, Pakistan import data is updated in real-time from reliable sources such as customs departments and trade associations. This ensures that investors have access to accurate and up-to-date information at all times – crucial for making timely business decisions.

By leveraging this detailed information about Pakistan's import sector offered by Import Globals, foreign investors can gain a better understanding of local demand patterns and consumer preferences. This not only helps them tailor their products or services accordingly but also enables them to stay ahead of their competition by identifying untapped opportunities in niche markets.

Using Pakistan import data provided by Import Globals can prove to be a game-changer for foreign investors looking to enter or expand their presence in this dynamic market. With accurate and extensive information at their disposal, investors can make well-informed decisions and mitigate risks while capitalizing on the vast potential of Pakistan's import sector.

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