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Export
Export
What is export
The term "export" is derived from the conceptual meaning as to ship the goods and services out of the port of a country
Process of exporting
Advantages of exporting
Improved Profits and Sales Develop Domestic Competitiveness Increase Worldwide Market Shares Diversification and risk minimization Minimize Per Unit Overheads Balance for Seasonal Demands
Advantages of exporting
Sell Surplus Production Capacity Expand New Knowledge and Experience Develop Life Cycle of Item stabilize seasonal market fluctuations Potential for Company Development
Disadvantages of exporting
develop new promotional material subordinate short-term profits to long-term gains incur added administrative costs allocate personnel for travel
Disadvantages of exporting
modify your product or packaging apply for additional financing obtain special export licenses wait longer for payments
Textiles (garments, bed linen, cotton cloth, yarn) Rice Leather goods Sports goods Chemicals Manufactures Carpets and rugs
United States 22.4% China 15.4% UAE 8.3% UK 6% Afghanistan 8.6% Germany 4.7%
TOP 10 EXPORTERS
Pakistan (State Bank Figures)
Rank
1 2 3 4
Companies
Netsol Technologies Ovex Technologies TRG Pvt Ltd System Pvt Ltd Elixir Technologies Descon IT24 Pvt Ltd Trivor Software
5
6 7
8
9 10
Bill of Lading for Export Pakistan Care (Customers Administrative) for Export Pakistan Cost and Freight (CFR) for Import Export Pakistan Letter of Credit (LC) for Export Pakistan
Cost, Insurance and Freight (CIF) for Export Pakistan carriage and Insurance Paid to (CIP) for Export Pakistan Carriage Paid To (CPT) for Export Pakistan Pakistan Customs Computerized System (PACCS) for Export Pakistan
Trade Policy
Establishment of Technology Upgradation Fund Launching Enterprise Capacity Building Scheme Improving Countrys Business Image Freight SubsidyInland and Offshore Establishment of Zones for AgriProducts and Fisheries Establishment of Special Export Zones
Trade Policy
Establishment of Garment Cities Rehabilitation of Industrial Estates Establishment of Combined Effluent Treatment Plants Facilitation of Garment Exports through Textile Garment Package
Trade Policy
Strengthening Trade Diplomacy Attracting Buyer Driven FDI for Export Sourcing from Pakistan Zero-Rating of Sales for Textile Chain Support for Quality Assurance and Lab Accreditation
Trade Policy
Strengthening of SMEs Industrial Clusters Relocation of Industries to Pakistan Encouraging Women Entrepreneurs Opening Land Route Trade with Afghanistan Incentivizing export of Horticulture Products
FY 03 11160.2 12,220.3 -1060.1 FY 04 12313.3 15,591.8 -3278.5 FY 05 14,391.0 20,598.0 -6207 FY 06 16,451.0 28,581.0 -12130 FY 07 16,976.0 30,540.0 -13564 FY 08 19,220.0 39,968.5 -20748.5 *Excluding Re-Exports & Re-Imports Source: Federal Bureau of Statistics, Govt. of Pakistan.
Recommendation
Expand Market Access Abroad