Pakistan Economy

10 Pages 2484 Words

of GDP in FY 1993 and employed 39 percent of labor force. About 7 percent of civilian work force employed in construction, 13 percent in trade, 5 percent in transportation, and 14 percent in other services.
Energy: Firewood, bagasse, and dung major energy sources. Small crude oil production; over 90 percent of petroleum requirements imported. Natural gas, oil, and hydroelectric power major domestic commercial energy sources. Substantial deposits of poor-quality coal. Energy supplies constrain industrialization in mid-1990s.
Foreign Trade: United States and Japan largest trading partners. In FY 1993 United States accounted for 13.7 percent of Pakistan's exports and 11.2 percent of its imports. Japan accounted for 6.6 percent of exports and 14.2 percent of imports. Germany, Britain, and Saudi Arabia important trading partners. Hong Kong important export market. China significant supplier of imports. Trade with India negligible. Cotton and rice major exports; petrochemicals, chemicals, machinery, and transportation equipment major imports.
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