Pakistan has huge trade deficit with India Rs8.92 billion to Rs65.32 billion

[Gin ka Pakistan]

Pakistan has huge trade deficit with India Rs8.92 billion to Rs65.32 billion

Pak companies have Rs65b trade with India
SLAMABAD: National Assembly has been told that at least 25,000 companies of Pakistan and India are locked in mutual trade, Geo News reported Thursday.

As many as four Indian companies including Tata, Mahindra, Bajaj and Segal have share in auto industry of Pakistan. Cars, tractors, auto-rickshaw and CNG kits are being manufactured in Pakistan in collaboration with these Indian companies.

The Trade Ministry told the house that last year, 2656 Indian companies traded with Pakistan deals worth Rs8.92 billion and Pakistani 22,943 companies had Rs65.32 billion of trade with India.

Pak companies have Rs65b trade with India - GEO.tv

 

[BATMAN]

Cars, tractors, auto-rickshaw and CNG kits are being manufactured in Pakistan in collaboration with these Indian companies.

This is a bullcrap.
There is smugling of lot of indian products but that is due to polticians sponsored corruption.

 

[Jamshed]

thats because pakistans main exports are textile leather surgical and sports goods which i dont think r required in india while pakistans main imports are oil and machinery and dats what pakistan is importing frm india may b because these things will b cheap

 

[BATMAN]

^^
I think cement has taken the lead as major export item of Pakistan. Thanks to P.Musharraf.
Pakistan also export cement to india and should also be the largest export item to india.
Pakistan's major import bill is oil and any change in prices impact our currency value or devaluation.

 

[Jamshed]

^^
pakistans total cement export in last fiscal year were $500 Million out of which mostly exports were to middle east so u can guess dat cement is not major part of exports yet it is only 2.5% of exports u shud take ur thanks back now

 

[BATMAN]

In 1997-98 all of Pakistan cement industry was on halt due to no demand.
Piles of finished product was lying as waste.
Best way cement almost got bankrupted.
In the period from 2000 onward, existing cement plants started to produce at their full capacity and many new cement plants started to surface.
With reference to export to india, weekly three trains loaded with cement cross the border.
First thing what Musharraf did was a new export policy and the govt. continued to look for new markets for Pakistan exports.
Which other product is exported to india with such a volume?
I'm pretty sure that cement is the single largest export to india and is also the single largest export item from Pakistan.
which other export item amounts to $500million/anum? It is expected to grow further.

 

[Jamshed]

textile 9 Billion leather 2 billion rice 2 billion surgical good and sports goods are more den cement i am not sayin mush did nothin but he had to do he was da sole power in pak for 8 years no political party had power for such long time and zulfiqar bhutto had power for 5 years and u cant even compare growth in dat period with mush era and ZA also had to recover country from 71 incident so u cant compare mush with any 1 he was simply not eligible for this post i think zia and ayub were better dictators den him

 

[maverick2009]

wat does this equate to in dollars $$$$$$$4

 

[garibnawaz]

thats because pakistans main exports are textile leather surgical and sports goods which i dont think r required in india while pakistans main imports are oil and machinery and dats what pakistan is importing frm india may b because these things will b cheap

You forgot the livestock that Pakistan imports from India.

GB

 

[Gabbar]

Tomatoes bring juice back in border trade​

Tomatoes from India — mostly from Nashik in Maharashtra — are flooding Pakistani kitchens, sending trade between the countries across the Attari border in Punjab soaring.

The tomato crop in Pakistan has failed this year. In contrast, Nashik has seen a bumper crop. Not surprisingly around 1.5 lakh kilos (150 tonnes) of tomatoes are travelling daily in truckloads from India to Pakistan.

Cross border trade had fallen steeply after Pakistan imposed a 25 per cent duty six months ago on potatoes and onions imported from India. These two being the chief items of export through Attari, the number of trucks crossing daily fell from 120 to around a dozen.
Now, around 130 fully laden trucks have begun travelling from India to Pakistan daily, thanks to the new-found demand for tomatoes.

India’s imports from Pakistan too have risen, specially of dry fruits.

“The return of heavy truck movement at the Attari border is a great sign,” said Om Prakash, chairman of the India-Pakistan Exporters Association. "But it would be good if the governments of both the countries allowed free trade and did not impose any duty on household items."