While there is massive export potential for Pakistan in the UK market however, only a tiny part of it has so far been tapped. Pakistan’s exports to UK mainly comprise textile-based apparels which include knitted and crocheted fabrics, linens (bed and table, toilet and kitchen) and readymade garments. At the beginning of this year, UK deputy high commissioner visited the Islamabad Chamber of Commerce (ICCI) and raised concerns over low volume of Pakistan’s exports to UK, especially food products. The gross average increment in exports to UK amounts to just $70 million per year which is depressingly low. Almost 84% of Pakistan’s total services export to UK ($341.5 million) originates from transport, telecom and communication and information services sectors.
Source: The Nation October 25, 2021 11:13 UTC