Pakistan is a South Asian country bordering India, Iran, Afghanistan, China, and the Arabian Sea.
As of 2019, Pakistan’s Gross Domestic Product (GDP) amounted to 278.2 billion USD. Forecasts show that by 2024, the GDP is expected to be at 376.40 billion USD.
As of 2019, the share of economic sectors in the GDP of Pakistan was
The main import-export partners of the country are:
Pakistan has some of the biggest mineral reserves in the world. The country is blessed with exceptional geological and geomorphological features. Out of the 92 known minerals, 52 are commercially exploited. The dominant minerals include coal, copper, mineral salt, gold, and chromite.
However, the exponential potential of Pakistan’s mining sector remains untapped. It contributed 2.51% to the country’s GDP. In 2019, the mineral exports accounted for 1.13 billion USD dollars which is significantly less than the mineral imports of the country.
There are, however, opportunities in the market as the country inculcates a conducive environment for new mining companies and works on the governing policies. Camamach is the perfect choice to look for reasonably priced mining and mineral processing equipment that’ll help improve the output.
Pakistan has one of the fastest-growing populations in the world. The construction industry remains an active industry with 7.61% of the country’s labor force and 380 billion PKR contribution to the country’s GDP.
The pending cases pertaining to the industry are expected to add 1.1 trillion PKR monetary value, and the industry is valued at 2705.5 billion PKR by 2028. What’s more is that the government of Pakistan is invested in the Naya Pakistan Housing Scheme, which is a mega construction scheme spread across the country. In short, the construction sector seems to have a good future ahead.
You can take advantage of the opportunities with Camamach and bring in the best construction equipment available at competitive rates
The main 5 seaports of Pakistan are:
For imports, Camamach uses the Port of Karachi.
Pakistan is endowed with abundant minerals resources. The development of the mining sector will be crucial in the country’s economic growth. The construction sector is backed by the government and is expected to exponentially grow in the coming years. Some imported machinery includes Mobile Crushers, Trailer Concrete Pumps, Beneficiation Equipment, Heavy Duty Trucks, Concrete Batching Plants, etc.
Importing in Pakistan requires you to first register and get the National Tax Number and Sales Tax Number for your company. Everything is governed by Pakistan Customs.
The basic documentation for importing into an EU country includes:
For complete and up-to-date details on customs and taxation, you can visit the official government website.
Camamach has years of exporting experience in Pakistan. Feel free to contact us at [email protected] or WhatsApp us at +86-131-2037-9271 for a FREE quotation. We also ship worldwide; for other countries, check out our experience here.