Pakistan, populous and multiethnic country of South Asia. Pakistan has historically and culturally been associated with its neighbors’ Iran, Afghanistan, and India. It is officially called the Islamic Republic of Pakistan. It has a long coastline along the Arabian Sea in the south. Pakistan has the fifth largest population (207.77 million) in the world.
Pakistan contains a section of the ancient Silk Road and the Khyber Pass, the famous passageway that has brought outside influences into the otherwise isolated subcontinent. Pakistan is officially a federal republic, but during a long period in its history it changed to a democratic state and a military dictatorship.
Pakistan in Brief:
Pakistan & Logistics:
The fact that Pakistan is one of only a handful of countries that does not have a dedicated Ministry of Transport further adds to the complexity of measuring the sector’s performance and identifying the cost, time and quality inefficiencies in freight management, transportation, warehousing, materials handling, protective packaging, inventory control, order processing, market forecasting and customer service.
At first, Pakistan’s economy was largely based on private enterprise, but significant sectors of it were nationalized beginning in the early 1970s, including financial Services, manufacturing, and transportation. Trade and services, which combined constitute the largest component of the economy, have grown considerably. In terms of the structure of its economy, Pakistan resembles the middle-income countries of East and Southeast Asia more than the poorer countries of the Indian subcontinent.
- Mineral fuels including oil: US$17.1 billion (28.4% of total imports)
- Machinery including computers: $6.3 billion (10.4%)
- Electrical machinery, equipment: $4.3 billion (7.2%)
- Iron, steel: $3.7 billion (6.1%)
- Organic chemicals: $2.8 billion (4.6%)
- Vehicles: $2.6 billion (4.3%)
- Plastics, plastic articles: $2.5 billion (4.1%)
- Animal/vegetable fats, oils, waxes: $2.1 billion (3.5%)
- Oil seeds: $1.5 billion (2.4%)
- Cotton: $1.3 billion (2.1%)
Top Exports of Pakistan:
- Miscellaneous textiles, worn clothing: US$4.1 billion (17.1% of total exports)
- Cotton: $3.5 billion (14.9%)
- Knit or crochet clothing, accessories: $2.9 billion (12%)
- Clothing, accessories (not knit or crochet): $2.6 billion (10.9%)
- Cereals: $2.4 billion (9.9%)
- Leather/animal gut articles: $662.7 million (2.8%)
- Sugar, sugar confectionery: $519 million (2.2%)
- Mineral fuels including oil: $499.5 million (2.1%)
- Beverages, spirits, vinegar: $453.1 million (1.9%)
- Salt, sulphur, stone, cement: $445.4 million (1.9%)