Top 5 Imports Pakistan
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We hope that professionals interested in international trade, imports and exports can make better decisions and obtain greater profits using detailed strategic information from each of the countries.
In this first post we will generate an analysis of total imports and exports within 12 countries that have evolved positively in recent years: Uzbekistan, Kazakhstan, Russia, Ukraine, Philippines, Indonesia, India, Mexico, Pakistan, Vietnam, China, and Brazil.
We hope that the information we will provide below will provide you with tools to understand the dynamics of the sectors that have the greatest representation within Pakistan .
Initially, total imports of all products in Pakistan for the year 2017 amounted to US $ 57440013miles. For the 2018 period, the total reached was US $ 60162862 thousand.
This first look shows that purchases made abroad by Pakistan had a growth rate equivalent to 0.05; or what is equivalent to US $ 2722849 thousand.
Among the products that have the greatest participation in Pakistan’s total imports, we must name crude oils of oil or bituminous ore; which, internationally, and based on the customs tariff, is codified under the tariff code ‘270900. This product for the year 2017 reached a total of imports equivalent to $ 3135388 thousands of US. We must present that for the year 2018 the total amount of crude oil or bituminous ore imported was US $ 4903910 thousand.
Based on this we must mention that Crude oils of oil or bituminous ore presented a percentage variation of 0.45, this includes a change in values of US $ 1768522 thousand.
A second product that has presented a high share of Pakistan’s total imports is light oils and preparations, from petroleum or bituminous minerals that> = 90% by volume; which, at the international level, and based on the customs tariff, is coded under the tariff code ‘271012. This product for 2017 reached a total of imports equivalent to US $ 3010655 thousand. We must present that for the year 2018 the total imported of light oils and preparations, of oil or bituminous minerals that> = 90% in volume was US $ 3720919 thousand
Based on this we must mention that Light oils and preparations, of petroleum or bituminous minerals that> = 90% in volume presented a percentage variation of 0.2 1 , this includes a change in values of US $ 710264 thousand.
Third, Liquefied Natural Gas has a high share of Pakistan’s total imports . This product at an international level, and based on the customs tariff, is coded under the tariff code ‘271111. This product for 2017 reached a total of imports equivalent to US $ 1676310 thousand. We must present that for 2018 the total amount of imported natural gas, liquefied, was US $ 3295892 thousand.
Based on this, we must name that Liquefied Natural Gas presented a percentage variation of 0.68, this includes a change in values of US $ 1619582 thousand
Continuing within the Pakistan industry ; Medium oils and preparations, of petroleum or bituminous ore, which do not contain biodiesel have a high share of total imports. This product internationally, and based on the customs tariff, is coded under the tariff code ‘271019. This product for 2017 reached a total of imports equivalent to US $ 4398819 thousand. We must present that by 2018 the total amount of imported medium oils and preparations, of petroleum or bituminous ore, that do not contain biodiesel was 3115618.
Based on this we must name that Medium oils and preparations, of petroleum or bituminous ore, which do not contain biodiesel, presented a percentage variation of -0.34, this includes a change in values of US $ -1283201 thousand.
Fifth, within the Pakistan industry ; Palm oil and its fractions, including refined, without chemically modifying, have a high share of total imports. This product internationally, and based on the customs tariff, is coded under the tariff code ‘151190. This product for 2017 reached a total of imports equivalent to $ 2011,892 thousand US dollars. We must present that by 2018 the total imported palm oil and its fractions, including refined, without chemically modifying was US $ 1828019 thousand.
Based on this we must name that Palm oil and its fractions, including refined, without chemically modifying, I present a percentage variation of -0.1, this includes a change in values of US $ -183873 thousand.
In summary!
Total Pakistan imports for the year 2018: US $ 60162862 thousand
Total imports Crude oils of oil or bituminous ore for the year 2018: US $ 4903910 thousand
Total imports Light oils and preparations, from petroleum or bituminous minerals that> = 90% by volume for the year 2018: US $ 3720919 thousand
Total imports Natural gas, liquefied for the year 2018: US $ 3295892 thousand
Total imports Average oils and preparations, of petroleum or bituminous ore, which do not contain biodiesel for the year 2018: US $ 3115618 thousand
Total imports Palm oil and its fractions, including refined, not chemically modified for the year 2018: US $ 1828019 thousand
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