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Saturday, 21 November 2009   |   Last Updated: 27 July 2009

 

Pakistan

Pakistan FlagU.S.-Pakistan Trade Facts

Pakistan is currently our 56th largest goods trading partner with $5.5 billion in total (two way) goods trade during 2008. Goods exports totaled $1.9 billion; Goods imports totaled $3.6 billion. The U.S. goods trade deficit with Pakistan was $1.7 billion in 2008.

Exports

Pakistan was the United States' 64th largest goods export market in 2008.

U.S. goods exports to Pakistan in 2008 were $1.9 billion, down 6.7% ($137 million) from 2007, but up 164% from 1994 (the year prior to Uruguay Round).

The top export categories (2-digit HS) in 2008 were: Aircraft ($443 million), Machinery ($281 million), Electrical Machinery ($180 million), Cotton, Yarn and Fabric ($161 million), and Arms and Ammunition ($137 million).

U.S. exports of agricultural products to Pakistan totaled $315 million in 2008. Leading categories include: cotton ($160 million), wheat ($54 million), planting seeds ($26 million), and dairy products ($14 million).

Imports

Pakistan was the United States' 55th largest supplier of goods imports in 2008.

U.S. goods imports from Pakistan totaled $3.6 billion in 2008, a 0.4% increase ($13 million) from 2007, and up 255% over the last 14 years.

The five largest import categories in 2008 were: Miscellaneous Textile Products ($1.3 billion), Knit Apparel ($1.0 billion), Woven Apparel ($460 million), Cotton, Yarn and Fabric ($138 million), and Leather Products ($98 million).

U.S. imports of agricultural products from Pakistan totaled $76 million in 2008. The leading category was: rice ($30 million).

Trade Balance

The U.S. goods trade deficit with Pakistan was $1.7 billion in 2008, a 9.8% increase ($151 million) over 2007.

Investment

U.S. foreign direct investment (FDI) in Pakistan (stock) was $674 million in 2007 (latest data available), a 44 percent decrease from 2006.