Economy

Products and goods that can increase Pakistan global export index?

Lies, scams and deception; obviously not. Although memes can be exported as Non-Fungible Tokens or we have bundles of motivational speakers or we can export DHAs or hybrid regimes or corrupt politicians or the world is already full of hypocrisy. Neither does religious fundamentalism, irrationality nor pseudoscience. Well on a serious note. We can export high-end furniture, fashion, and decor accessories at a very reasonable price. And many other things like Textiles, Rice, and IT.

Pakistan has several products and goods that have the potential to be exported globally. Some of the main exports from Pakistan include textiles, such as cotton and garments, leather goods, such as shoes and bags, and sports goods, including soccer balls and cricket equipment. In addition, Pakistan is known for its agricultural products, such as rice, wheat, and fruits, which can also be exported. The country is also a major producer of seafood, with exports of fish, shrimp, and other seafood products. Overall, Pakistan has a diverse range of products that can be exported globally and has the potential to expand its presence in international markets.

To be honest, the manufacturing sector’s condition in Pakistan is very poor these days. The only viable option for Pakistan is to export its people so that they can earn and send back dollars to the country. Alternatively, there should be an IT emergency in the country and a large number of people should be taught IT skills so that they can earn dollars while staying in Pakistan. Typically it’s low-tech stuff, like textiles, sports goods, surgical instruments, leather products, and agricultural produce like Pink salt, mangoes, sugar, roh afza etc.

Garments

Garments are one of the main exports from Pakistan. The country is known for its high-quality textile products, including cotton fabrics, knitted fabrics, and readymade garments. Pakistani garments are popular in international markets due to their unique designs, high quality, and competitive prices. The country has a well-developed textile industry, which includes spinning, weaving, dyeing, printing, and finishing, making it a leading player in the global textile trade. The major export destinations for Pakistani garments include the United States, the United Kingdom, Germany, France, and Italy.

Labor and service skill

Manpower. The youth produced locally in bulk and hence abused or exploited as Cheap labor.

Pakistan is known for its large pool of skilled and unskilled manpower, which is considered one of the country’s key strengths. The Pakistani workforce is highly diverse and includes professionals such as engineers, doctors, and IT specialists, as well as blue-collar workers in sectors such as construction, manufacturing, and agriculture. Many Pakistani workers are highly skilled and experienced in their respective fields, making them valuable assets for employers worldwide.

Pakistan has been exporting its manpower to several countries around the world, including the Gulf countries, the United States, Canada, the United Kingdom, and Australia. Pakistani workers are in high demand due to their skills, hard work, and competitive wages. The remittances sent by Pakistani workers abroad also contribute significantly to Pakistan’s economy, making it an essential source of foreign exchange earnings.

Skilled human resource

Human Resources and IT sector that doesn’t need much investment. We have examples in the shape of Systems ltd and Netsol. The Human Resource (HR) and Information Technology (IT) sectors in Pakistan have shown significant growth in recent years, and they have the potential to become major contributors to the country’s economy. These sectors do not require large amounts of investment, making them attractive for entrepreneurs and investors looking to start small or expand their business.

In the HR sector, Pakistan has a large pool of talented and skilled professionals who can provide various HR services, such as recruitment, training, payroll management, and employee benefits administration. Many companies in Pakistan are outsourcing their HR functions to local service providers, which has led to the growth of the HR industry in the country.

Similarly, the IT sector in Pakistan has shown significant growth in recent years, with the country’s software exports reaching $2.1 billion in 2020. Pakistan has a large pool of skilled IT professionals who can provide various services, including software development, mobile app development, web design, and digital marketing. The country also has a growing startup ecosystem, with several successful startups in the IT sector.

Both the HR and IT sectors in Pakistan offer opportunities for entrepreneurs and investors looking to start or expand their business. These sectors do not require significant investment, making them accessible to small and medium-sized enterprises. However, like any business, success in these sectors requires a strong understanding of the market, a clear business plan, and a commitment to delivering high-quality services to clients.

Need industrialization in Pakistan

Although many Pakistanis struggle to obtain basic necessities, those with digital skills have an opportunity to earn a living by working remotely and exporting their expertise to clients and companies outside the country. It’s important to note that in developed nations, many workers can support their livelihoods by working eight hours a day. However, the reality in Pakistan is that around 95% of laborers cannot earn enough to make ends meet with an eight-hour workday alone. This is where the opportunity for remote work and exporting digital skills becomes especially appealing, as it can provide an avenue for Pakistani workers to earn competitive wages without having to leave their home country. Some examples of these in-demand digital skills include software development, web design, digital marketing, and data analysis, among others. By leveraging their abilities and the ability to work remotely, Pakistani workers have the potential to earn a living that is competitive with those in developed countries.

Otherwise there are so many things, it’s a long long list. Here is a list including Pink salt, dried fruits, garments, and apparel:

Services: Services for bespoke tailoring, call center services, engineers and doctors, security guards.

Products: Surgical instruments, sports items (especially football), furniture, home textiles, processed foods, packaged + raw fruits and vegetables, rice, cotton, dairy products, syrups, meat, art, jewelry, salt, stones, carpet, footwear, designer wear, leather, fish, mattresses, rugs, seafood, jams, butter, candies, cookies, chips, food masalas, spices, sauces, mayonnaise, spaghetti, macaroni, flavored milk/yogurt, soft drinks, juices, floor cleaners, cleaning material, pampers, tissues, plastic containers, balloons, garbage bags, woodcraft, marble products, birthday decor, sports accessories, marble, brass, steel, safety gloves, khussa, automobile accessories, towels, honey, guns and ammo (including 1st copies), fans.

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