Issue Brief on “Pakistan’s Economic Outreach to Africa: Mapping Potential Products”

In short to medium term, Pakistan needs to identify new markets for its exports, and in this regard African continent hosting more than 1.2 billion population and with a $500 billion import bill is a lucrative market. For the period July 2018, trade between Pakistan and Africa stood at US$ 3.6 billion with Pakistan’s export volume of $ 1.4 billion and imports volume of $ 2.2 billion from Africa.[1]

Pakistan aims to increase its trade with Africa to $5 billion in next five years under its ambitious “Look Africa” Policy.[2] For this purpose, Pakistan needs to undertake export diversification and also realize its export potential by exploring new markets and products.

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