Pakistan Bill of Lading Data

Pakistan is situated in the northwest of the South Asian subcontinent and had an estimated population of approximately 241 million in 2023, with a per capita GDP of around US$1,383. The economy is predominantly agricultural, with a relatively open market and a robust legal system, indicating significant potential for development and growth.

Pakistan's Import and Export Data

Pakistan's merchandise exports maintained growth momentum for the fifth consecutive month in January 2024, reaching a 17-month high, indicating that export-oriented industrial growth has begun to recover. Export revenue in January was US$2.78 billion, a significant increase of 27% from US$2.19 billion in the same period last year. Import data shows that imports in January fell to US$4.66 billion from US$4.88 billion in the same period last year, a decrease of 4.5%, continuing the trend of negative growth in imports. The trade deficit has improved significantly, narrowing from US$2.689 billion in January 2023 to US$1.879 billion in January 2024, a reduction of 30%.

In the first eight months of the 2023-24 fiscal year, Pakistan's exports to China were US$1.895 billion, and are estimated to reach US$3 billion by the end of June 2024; Pakistan's exports to the United States were US$3.63 billion, mainly due to Pakistan's textile exports to the United States. and apparel exports declined. Pakistan's imports from the United States were US$1.19 billion, a decrease of 17.36% from US$1.44 billion in the same period of the previous fiscal year.

Through Pakistan bill of lading data, companies can understand the detailed international trade activities of Pakistani import companies from countries around the world, which can help expand markets and improve business.

Pakistan's Top 5 Global Import Categories:
1) Machinery and equipment: 14.5%
2) Petroleum products: 12.2%
3) Chemical products: 11.7%
4) Crude oil: 8.7%
5) Transportation equipment: 5.1%

Major Global Import Countries for Pakistan in 2023:
1) China: The largest source of imports, accounting for 23.4% of Pakistan's total imports.
2) United Arab Emirates: 11.6% of total imports.
3) Saudi Arabia: 7.3% of total imports.
4) United States: 5.6% of total imports.

Pakistan's Main Global Export Categories in 2023
1) Textiles: As one of Pakistan's major export commodities, textiles accounted for a significant proportion of exports to China in the second half of 2023, with annual textile exports comprising 60.8% of the country's total exports.
2) Food: Food exports reached US$3.48 billion in the second half of 2023, reflecting a substantial year-on-year increase of 49.8%.

Major Export Partners of Pakistan:
1) The United States: The largest export destination, representing 17.2% of Pakistan's total exports.
2) China: An important export market, representing 7.7% of total exports.
3) The United Kingdom and Germany: Also among the main export destinations, representing 7.6% and 5.6% of total exports, respectively.

Pakistan Bill of Lading Data:
This primarily includes information on importers and exporters, commodity and freight details, as well as data on the quantity and value of commodities.