As we know there is no country in the world today which produces all the supplies it needs. Every country, therefore, tries to produce those commodities in which it has comparative advantage.
Imports:
Imports are those things which are brought the others countries, for fulfill their needs, it is called imports. In major imports are petroleum, production oil, tea, sugar chemicals, machinery, iron paper, and steel etc.Pakistan imports were worth 3125 Million USD in November of 2010.Recently Pakistan faces the floods disasters, so Pakistan goods are damage, due to disasters here is deficiency of goods. Then Pakistan brought the goods from the others countries.
Exports:
Exports are those things which produce in Pakistan and sales the others countries, it is called exports, as raw cotton ,cloth, rice carpets and rugs and leather etc are include of exports things.
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