The Impediments in Promoting Trading Activities in Pakistan

Abstract

The trade balance of Pakistan during last five years tremble immensely with exports declined and the imports continued to accelerate. The data from State Bank of Pakistan (SBP) shows that the exports reduced from US $24.8 billion in FY 2013 to US $21.6 billion in FY 2017. On the other hand, imports mounted from US $40.1 billion in FY 2013 to US $ 48.6 billion in FY 2017. So a clear balance of payment crisis prevails and even gets worse with the passage of time.