Pakistan’s Potential – Opportunities for Trade & Investment in Thailand
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Transcript of Pakistan’s Potential – Opportunities for Trade & Investment in Thailand
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Pakistan Export to ThailandValue in US$ million, growth in %
Year Value Growth
2008 88.25
2009 93.74 6.2
2010 80.90 -13.7
2011 109.39 35.2
2012 109.36 -0.02
Average Growth 6.9
(Source: ITC)4
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Pakistan imports from Thailand
Value in US$ million, growth in %
Year Value Growth
2008 598.45
2009 599.71 0.2
2010 872.38 45.5
2011 827.01 -5.2
2012 716.58 -13.4
Average Growth 6.8
(Source: ITC)5
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0.0
200.0
400.0
600.0
800.0
1,000.0
2008 2009 2010 2011 2012
88.3 93.7 80.9 109.4 109.4
598.5 599.7
872.4 827.0716.6
US$million
Source: ITC
PAKISTAN-THAILAND TRADE RELATIONS
AT A GLANCE
Export
Imports
From Pakistan
From Thailand
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Thailand world import in 2012 = US$ 247.6 B
Source: ITC 7
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Pakistan's top 20 exports to Thailand (in 2012)Value in US$ million
Product label Value
TOTAL 109.363
1 Cotton 21.08
2 Seafood 11.74
3 Commodities not elsewhere specified 5.20
4 Frozen prawns & crabs 4.82
5 Frozen Pacific salmon 4.36
6 Sacks & bags of Jute & Bast Fibers for packing of goods 3.92
7 Cotton yarn 3.88
8 Fish prepared or preserved 3.11
9 Refined sugar 2.79
10 Denim fabrics of cotton 1.99
Continued8
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Continued from previous
Pakistan's top 20 exports to Thailand
Values in US$ million
Product label Value11 Medical Instruments and appliances 1.99
12 Lead refined unwrought 1.84
13 Ethyl alcohol & other spirits 1.71
14 Cotton yarn waste 1.67
15 Cotton waste 1.42
16 Durum wheat 1.42
17 Twill weave cotton fabrics 1.37
18 Antibiotics 1.26
19 Frozen meat whether or not minced 1.22
20 Inflatable balls 1.18
Sub total 77.97
Sub total as % of Total 71.3
Source: ITC9
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Pakistan's top 20 imports from Thailand in 2012Values in US$ million
Product label ValueTOTAL 716.58
1 Automobiles, 1000 cc to 1500 cc 75.15
2 Parts & accessories of bodies for motor vehicles 48.40
3 Diesel powered trucks 36.92
4 Terephthalic acid 36.55
5 Automobiles ,1500 cc to 3000 cc 33.02
6 Staple fibers of viscose 21.07
7 Natural rubber latex 20.55
8 Parts suitable f use solely/princ 18.47
9 Staple fibers of acrylic or modacrylic 18.16
10 Refrigerating Equipment Compressors 18.04
Continued..10
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Continued from previous
Pakistan's top 20 imports from Thailand in 2012Values in US$ million
Product label Value11 Pneumatic tires 16.69
12 Motor vehicle parts 13.43
13 Textured yarn of polyester filaments 12.71
14 Flat rolled electrolytic ally zinc coated 12.67
15 Motorcycles, 50 cc to 250 cc 11.92
16 Vessels & other floating structures for breaking up 11.14
17 Parts of air conditioning machines 9.59
18 Maize (corn) seed 9.50
19 Lighting or visual signaling equipment 9.02
20 Uncoated writing/printing paper & paperboard 8.14
Sub total 441.12
Sub total as % of Total 61.6
Source: ITC11
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0
200
400
600
800
1000
1200
1400
1600
US$million
Source: ITC
Potential Export Items: Pakistan to Thailand
Thailand world imports
Pak world exports
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Commercial Real State
Development/Construction
Mining
(Marble/Granite/Onyx)
Telecommunication
Energy Sector
IT/Medical/Tourism Agro-Tech/AgroFarming/Fisheries/Dairy
& Livestock/Fruit
Processing/Horticulture
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Trade Development Authority of Pakistan is an
autonomous Government entity mandated to facilitate andenhance exports from Pakistan.
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- Major activities include;
i. Participation in International/Domestic Exhibitions--specialemphasis on Product Diversification & New Entry Markets,
ii. Research on Trade Markets,
iii. Trade Facilitation
iv. Acting as bridge between private and Government sector.
v. Encourage SMEs & Women Entrepreneurs
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- 2nd largest Buffalo Meat producer.
- 2nd largest Buffalo Milk producer.- 3rd largest Cottonseed producer.
- 3rd largest Chilies producer.
- 4th largest Goat Meat producer.
- 5th largest Mango producer.- 7th largest Wheat producer.
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- 7th largest Iron oxide producer.
- 10th largest Chromites producer.- 11th largest Ammonia producer.
- 14th largest Cement producer.
- 14th largest Barite producer.
- 16th largest Talc producer.- 21st largest Soda Ash producer.
- 28th largest Copper producer.
- 28th largest Gypsum producer
- 5th largest Coal reserves.
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- Growing Middle Class.
- Increasing demand for Goods &Services.
- Cheap Labor Force.
- Rapid Increase in SMEs.
- Increased Economic Independenceof Women Entrepreneurs.
- 180 Million population with 70% ofbelow 30 years of age.
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-Thailand has relatively complicated tariff structure with number of duty-freetariff lines, ad valorem tariffs, & non-ad valorem duties, of which some are
alternate duty rates (the higher of an ad valorem rate and a specific duty).
- Average MFN tariff is 11.2% with average tariff on agriculture productsbeing 26% and tariff on beverages & tobacco at 49%.
- Tariff quotas on agricultural products, including products that Thailand is anet exporter of, such as Rice & Sugar.
- Extremely favorable tariff regime for ASEAN countries--Should consideraccording similar tariffs for Pakistan.
- Thailand imposes import license on Marble and Granite whereby importersneed to obtain prior authorization from Ministry of Commerce andimportation is only authorized for quantity needed for specifiedconstruction projects. (No cut and polished stones can be imported forother purposes e.g. kitchen counters, furniture etc).
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-Thailands Farming Sector renowned for;
i. Efficient farming techniques,ii. Cost effectiveness & adherence to internationalstandards.
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-Thailands Gold & Jewelry products carry;i. Design innovation,ii. World standards of hallmarking,
iii. Gems Identification/Polishing.
Proposal:To send a study mission of Pakistani farmers to visit Thai Farms.
Proposal:Thailand to provide training in this sector
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- Pakistan has unique medical facility of
Cyber Knife, Robotic Radiosurgerywhich;
i. Offers treatment of early stage ofcancer & functional disorders freeof cost (only country that offers thisfree facility).
ii. This treatment costs over USD90,000 Thousand worldwide.
iii. Has great potential for healthtourism to Thai visitors.
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www.tdap.gov.pk
+92 21 99206484
www.facebook.com/groups/TDAP2011/
www.linkedin.com/company/622505?trk=tyah
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www.expopakistan.gov.pk
www.facebook.com/EXPOPAKISTAN
@Xpopakistan2013
+92 21 99206808
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C i ht W d h S ft