Vol. 1 No. 2 (2018): Pakistan Journal of International Affairs
Articles

REGIONAL CHALLENGES AND EXPORT PERFORMANCE OF PAKISTAN (2004 - 2017)

Published 2021-03-29

Abstract

Pakistan is a less advanced South Asian nation, which is appraised as an underdeveloped nation, its economy is generally in view of horticulture. Pakistan's exports have been on the declining side for as far back as 10 years, particularly in the article of clothing industry, because of its neighbours India and Bangladesh have influenced Pakistan's exports of textile and leather. Then again, exhibition of warfare industry in the form of “IDEAS" has been held after every 2 years throughout the previous 10 years, is helping Pakistan's economy to move from farming to arms and ammo generation. Despite, Pakistan has not done advancement as far as changing over the economy from cultivation to most recent innovation yet at the same time its doing sensibly well in working together with quick advancing nations, for example, China. Therefore, we can state that there's yet far to go to take the exports on a level where proportion of exports is higher than one of imports. Progressive developments should be taken like the quick developing nations whose exports are considerably higher than imports.