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Saturday, April 28, 2012

Major Imports of Pakistan:


INTRODUCTION:



Major Imports of Pakistan:






Imports of Pakistan:


Pakistan’s imports are also highly concentrated in few items namely, machinery, petroleum and petroleum products, chemicals, transport equipment, edible oil, iron and steel, fertilizer and tea. These imports accounted for 73% of total imports during 2006-07. Among these categories machinery, petroleum/petroleum products and chemicals accounted for 53.4% of total imports.
Major Imports of Pakistan:


1. Machinery.
2. Petroleum.
3. Chemicals.
4. Vehicles and spare parts.
5. Edible Oil.
6. Wheat.
7. Tea.
8. Fertilizers.
9. Plastic material.
10. Paper Board
11. Iron ore and steel.
12. Pharmaceutical products.




Direction of Imports of Pakistan:


Pakistan’s imports are highly concentrated in few countries. Over 40 percent of them continue to originate from just seven countries namely, the USA, Japan, Kuwait, Saudi Arabia, Germany, UK and Malaysia. Saudi Arabia is emerging as major supplier to Pakistan followed by the USA and Japan. The shares of USA and Japan, with some fluctuations, exhibited a declining trend because of the shift in the import of machinery/capital goods and raw materials to other sources. On the other hand, the share of Pakistan’s imports from Saudi Arabia has been rising due to higher imports of POL products. Malaysia share has shown rising, as well as, falling trends over the years mainly on account of fluctuations in palm oil prices

Pakistan Imports:

Pakistan imports were worth 3649 Million USD in February of 2012. Pakistan imports mainly petroleum, petroleum products, machinery, plastics, transportation equipment, edible oils, paper and paperboard, iron and steel and tea. Its major import partners are: European Union, China, Saudi Arabia, United Arab Emirates and United States.







EXPLANATION:
This year, Pakistan has imported 20 million kg of teas from India, which is one of the highest in recent years.
According to the reports, A drop in Kenyan production has also helped India to strengthen its position in the Pakistani market.
Pakistan is largely a market for the CTC variety and said to be the second largest importer after Russia.
Almost 65%-70% of Pakistan’s total official tea import comes from Kenya, while India accounts for 15%. But with Kenyan production down by almost 9% to 259.77 million kg, India has expanded its import this year.
A trade delegation from Pakistan Tea Association will be visiting India in April during which long-term business deals are expected to be clinched.
With Iran stopping its purchases from India due to a payment problem, Indian tea producers are banking on Pakistan as one of the emerging export markets in the coming years.


TEA COMPANY IN PAKISTAN:
A company that has grown with the country, Tapal Tea look forward to even greater progress and innovation in the years to come. It remains committed to providing the people of Pakistan with only the highest quality products and improving their lives in whatever little way possible. Withstanding the above, our steadfast commitment towards the timely delivery of quality products to you from healthy and safe working environment remains resolute.

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