Export and Import Scenario and Its Impact on the Economy of Pakistan

Abstract

This research paper entitled “Export and Import Scenario and Its Impact on the Economy of Pakistan” examines the impact of export and import on the economy of Pakistan. The objective of this paper is to determine that whether export and import has any impact on the economy of Pakistan. Through the literature review the idea that export as a major determinant of economic growth has been discussed. The export performance of Pakistan from the year 2000-01 to 2006-07 has been analyzed along with the analysis of import in the same period. The study is based on pure and simple inspection and analysis of time series data of growth rates of exports and imports, percentage of GDP, balance of payment, export and import trade balance, economic classification of export of Pakistan, destination of export and origin of import, major export markets and top five export commodities are analyzed and discussed.