Originally posted by: The Green Bean
With a population of some 165 million, Pakistan exported US$3.7 billion worth of merchandise to the United States in 2006, up 12.9% from 2005 and up 59.4% since 2002.
Pakistani imports from the U.S. rose 59% to $2 billion in 2006, up 187% since 2002.
In terms of the merchandise flow between the two countries, America?s trade deficit with Pakistan was $1.7 billion in 2006, up 4.5% from 2002. The U.S. trade deficit with Pakistan decreased 16% in 2006 ? down from the 88.6% deficit increase in 2005 from the year earlier.
Pakistani Exports to U.S.
Of the $3.7 billion in American imports from Pakistan in 2006, the following product categories had the highest values.
1. Cotton apparel & household furnishings ?US$2.6 billion (70.6% of Pakistani to U.S. exports, up 18.6% from 2005)
2. Cotton cloth & fabrics (threads, cordage) ? $351 million (9.6%, down 5.6%)
3. Other textiles apparel & household furnishings ? $138.3 million (3.8%, down 11.6%)
4. Textile floor coverings including rugs ? $122.1 million (3.3%, down 2.1%)
5. Non-textile apparel & household furnishings ? $81.4 million (2.2%, up 7.2%)
6. Sporting & camping apparel, footwear & gear ? $61.2 million (1.7%, up 4.7%)
7. Other scientific, medical & hospital equipment ? $37.9 million (1%, up 10.4%)
8. Toys, bicycles and other sporting goods ? $34.4 million (0.9%, up 16.5%)
9. Synthetic cloth & fabrics (threads, cordage) ? $23.7 million (0.6%, down 39.1%)
10. Cookware, cutlery, house & garden wares including tools ? $21.4 million (0.6%, up 10.2%).
Fastest-Growing Pakistani Exports to U.S.
Below are American imports from Pakistan in 2006 with the highest percentage sales increases from 2005.
1. Industrial organic chemicals ? US$13.6 million (up 339,100% from 2005)
2. Bakery & confectionary products ? $5.3 million (up 197%)
3. Miscellaneous items (e.g. tobacco, waxes, non-food oils) ? $18.8 million (up 119%)
4. Other automotive parts & accessories ? $2.8 million (up 115%)
5. Fruits & preparations (e.g. frozen juices) ? $4.4 million (up 104%).
Pakistani Imports from U.S.
Of the $2 billion in American exports to Pakistan in 2006, the following product categories had the highest values.
1. Civilian aircraft (complete) ?US$753.1 million (37.9% of Pakistani to U.S. exports, up 1,739% from 2005)
2. Generators & accessories ? $132.3 million (6.6%, up 135.7%)
3. Cotton ? $117 million (5.9%, down 20.6%)
4. Computer accessories ? $308.4 million (4.5%, up 7.2%)
5. Chemical fertilizers ? $87.3 million (4.4%, down 51.6%)
6. Telecommunications equipment ? $64.1 million (3.2%, down 24.6%)
7. Tanks, artillery, missiles, rockets, guns & ammunition ? $61.7 million (3.1%, up 150,368%)
8. Civil aircraft (parts) ? $53.2 million (2.7%, up 5.5%)
9. Military parts ? $43 million (2.2%, up 27.3%)
10. Engines & turbines for military aircraft ? $40.9 million (2.1%, up 2,186.4%).
Fastest-Growing Pakistani Imports from U.S.
Below are American exports to Pakistan in 2006 with the highest percentage sales increases from 2005.
1. Tanks, artillery, missiles, rockets, guns & ammunition ? US $61.7 million (up 150,368% from 2005)
2. Engines & turbines for military aircraft ? $40.9 million (up 2,186.4%)
3. Civilian aircraft (complete) ? $753.1 million (up 1,739%)
4. Sports apparel & gear ? $3.4 million (up 917%)
5. Cotton fiber cloth ? $2.5 million (up 872%).