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TRADE STATISTICS
 
Statistics are taken from UK Trade and Investment (UKTI)
 
IMPORT AND EXPORT FIGURES

June 2006 – July 2007

US$ billion

Total Pakistan Imports

26.6

Total Pakistan Exports

16.9

Total Trade Deficit

9.6

 
The UK is the fourth largest trading partner among OECD countries, with an 8.7% share of OECD exports to Pakistan in 2006.
 
2002
2003
2004
2005
2006
2007*
(Jan-May)
% Change

£488.6m

£532.4m

£565.3m

£496.2m

£523.3m

£209.8m
(US$423.7m)

-6.3%

 
*£209.8 million during Jan-May 2007 which is 6.3% less then the corresponding period for 2006.
 

Major Pakistani exports to UK are textiles (yarn, fabric, garments, towels & bedding), rice, leather and leather products, carpets and fruit.

 
PAKISTAN 'S IMPORTS FROM THE UK
2002
2003
2004
2005
2006
2007*
(Jan-May)
% Change

£ 243.6m

£ 294m

£346.3m

£463.6m

£489.9m

£168.5m
(US$340.3m)

-21.4%

 
*£168.5 million during Jan-May 2007 which is 21.4% less than corresponding period of previous year (2006)
 
Major Pakistani imports from UK are specialised industrial machinery, power generation machinery, Telecom & Broadcasting Equipment, chemicals, pharmaceutical and medical products and Metalliferous ores and metal scrap.
UK-Pakistan trade balance for January to May 2007 was £41.3 million (US$83.4m) in favour of Pakistan.
 
UK INVESTMENT IN PAKISTAN
The UK is the second largest overseas investor in Pakistan, with 16.7% market share for July 2006 – June 2007.
 

July 2006 – June 2007

US$ million

Total Foreign Direct Investment into Pakistan

5,124.9

New Direct Investment from the UK

860.1

 

Breakdown of UK direct investment:

2003-04

2004-05

2005-06

2006-07

US$64.9m

US$181.5m

US$244m

US$860.1m
 
There are over 100 British companies operating in Pakistan. And plenty of interest from others. Recent events include retailers Next and Costa Coffee opening outlets. Bestway Cement is also making a further investment of $140m at their cement plant at Chakwal.
 
Major players include Unilever, Shell, BP, GlaxoSmithKline, Standard Chartered Bank, International Power, and HSBC.
 
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