In macroeconomic terms, Pakistan’s total exported goods represent 1.8% of its overall Gross Domestic Product for 2023 ($1.572 trillion valued in Purchasing Power Parity US dollars). That 1.8% for exports to overall GDP per PPP in 2023 compares to 2.1% for 2022. Those percentages suggest a r...
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Among Pakistan’s trading partners that cause the greatest negative trade balances, Pakistani deficits with Russia (up 56.4%), Singapore (up 38.5%) and Iran (up 10.8%) grew from 2022 to 2023. These cashflow deficiencies clearly indicate Pakistan’s competitive disadvantages with the above countrie...
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