How much does China export to Pakistan?
China Exports to Pakistan was US$15.37 Billion during 2020, according to the United Nations COMTRADE database on international trade. China Exports to Pakistan – data, historical chart and statistics – was last updated on November of 2021.
How much does Pakistan import from China?
Pakistan Imports from China was US$12.49 Billion during 2020, according to the United Nations COMTRADE database on international trade.
Does Pakistan trade with China?
China has been Pakistan’s biggest trade partner for six consecutive years since the 2015 fiscal year. China is also Pakistan’s main source of imports and second-largest export destination, according to data from the Economic and Commercial Office of the Chinese Embassy in Pakistan.
What is Pakistan exporting to China?
$77.27M. 2020. Salt, sulphur, earth, stone, plaster, lime and cement. $47.61M. 2020.
What is the total export of Pakistan?
Total Trade
| Total Exports (2019) | $23,748,680,252 |
|---|---|
| Total Imports (2019) | $50,063,059,560 |
| Trade Balance (2019) | ($26,314,379,308) |
| Exports of goods and services (% of GDP) (2020) | 9.58% |
| Imports of goods and services (% of GDP) (2020) | 16.63% |
What Pakistan exports to us?
| Pakistan Exports to United States | Value | Year |
|---|---|---|
| Cotton | $187.75M | 2020 |
| Articles of leather, animal gut, harness, travel good | $120.38M | 2020 |
| Optical, photo, technical, medical apparatus | $102.66M | 2020 |
| Plastics | $97.30M | 2020 |
What is the largest export of Pakistan?
Searchable List of Pakistan’s Most Valuable Export Products in 2020
| Rank | Pakistan’s Export Product | 2020 Value (US$) |
|---|---|---|
| 1 | Linens | $3,257,631,000 |
| 2 | Rice | $2,101,268,000 |
| 3 | Men’s suits, trousers (not knit or crochet) | $2,088,121,000 |
| 4 | Yarn (85%+ cotton) | $805,035,000 |
Why does China support Pakistan?
China also has a consistent record of supporting Pakistan in regional issues. Pakistan’s military depends heavily on Chinese armaments, and joint projects of both economic and militaristic importance are ongoing. China has supplied blueprints to support Pakistan’s nuclear program.
What Pakistan exports to UK?
| Pakistan Exports to United Kingdom | Value | Year |
|---|---|---|
| Cotton | $35.61M | 2020 |
| Articles of leather, animal gut, harness, travel good | $32.72M | 2020 |
| Optical, photo, technical, medical apparatus | $30.92M | 2020 |
| Edible fruits, nuts, peel of citrus fruit, melons | $26.40M | 2020 |
What is the biggest export of Pakistan?
What is the biggest import in Pakistan?
Pakistan’s Top 10 Imports
- Iron, steel: $3.2 billion (6.9%)
- Animal/vegetable fats, oils, waxes: $2.25 billion (4.9%)
- Plastics, plastic articles: $2.17 billion (4.7%)
- Organic chemicals: $2.13 billion (4.7%)
- Vehicles: $1.44 billion (3.1%)
- Cotton: $1.39 billion (3%)
- Oil seeds: $1.28 billion (2.8%)
How much trade does China have with Pakistan?
In 2013, bilateral trade between China and Pakistan was above US$9 billion, increasing from their bilateral trade in 2006 of $US3.5 billion. Pakistan’s exports to China in 2016 were US$1.6 billion, growing from that in 2006 of US$0.5 billion.
When does Phase 2 of the China Pakistan free trade agreement start?
Phase two was put into force on 1 January 2020 and will last until 2024. China and Pakistan aim to reach US$15–20 billion in bilateral trade by the completion of the second phase.
How are tariffs being reduced between China and Pakistan?
China and Pakistan will reduce tariffs on 412 product lines to 20% within five years. Both nations will also gradually establish 75% of product lines as duty-free, and 93% of product lines will have tariffs reduced to less than 10% in 10 years by China and 15 years by Pakistan.
What was the first phase of CPFTA between China and Pakistan?
In the first phase of the CPFTA, China applied tariff concessions on 6418 product lines, and Pakistan implemented tariff concessions on 6711 product lines.